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Singapore pharma firms seek clarity on US tariff exemption, deputy PM says

ReutersSep 27, 2025 6:30 AM
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- Pharmaceutical companies in Singapore are seeking clarity on whether they would qualify for an exemption from steep tariffs imposed by the United States on their goods, Deputy Prime Minister Gan Kim Yong said on Saturday.

Many of the firms have plans to expand or build their business footprint in the United States, which may qualify them for a tariff exemption, Gan, who is also trade minister, told reporters.

President Donald Trump on Thursday unveiled fresh tariffs on imported goods, including 100% duties on patented drugs.

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