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Singapore May be Shielded from US Pharma Tariffs, Gan Says

Markets

Philip Heijmans, Olivia Poh

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September 27, 2025

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Bloomberg

New US levies on pharmaceuticals may not have an “immediate impact” on Singapore’s drugmakers, Deputy Prime Minister Gan Kim Yong said, adding the island may pursue a ceiling on tariff rates similar to deals that Washington has with other countries.

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