Since the Israel-Hamas War began in October 2023, Singapore has conveyed humanitarian assistance to Gaza accounting for more than S$19 million Singapore dollars.
That said, the foreign minister warned that Singapore as a small, trade-reliant nation could be affected by the ensuing trade war.
Analysts say global trade and economic growth is at risk from a wider trade war. Read more at straitstimes.com.
Analysts say the impact would be cushioned by other factors, but could worsen if more countries are targeted by US tariffs.
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