Singapore PM says little comfort from U.S. tariff postponement

SINGAPORE, April 16 (Reuters) - Singapore Prime Minister Lawrence Wong said on Wednesday there was little comfort in the U.S. postponing most of its proposed "reciprocal" tariffs, saying the changes had already created great uncertainty.

"The current baseline tariff rates are still much higher than what they used to be. And the changes have already created great uncertainty for businesses everywhere," Wong said at a lecture.

"No company can comfortably plan long-term investments while knowing that the tariff rates could be changed at a moment’s notice."