105003761 : What's happening 2 april

102968156 OP : Trump will impose reciprocal tariff on 2 April.

Joz : Are you worried about Trump's 2 April tariff announcement? I doubt it is going to affect STE. Trump is expected to focus tariffs on 15 countries which have the largest trade surpluses with the USA.
"Two senior Trump officials – Treasury Secretary Scott Bessent and top White House Economic Adviser Kevin Hassett – said last week that the administration is expected to focus the much anticipated April 2 reciprocal tariff announcement on a narrower set of countries with the biggest trade surpluses and high tariff and non-tariff barriers."
"USTR named Argentina, Australia, Brazil, Canada, China, the European Union, India, Indonesia, Japan, Korea, Malaysia, Mexico, Russia, Saudi Arabia, South Africa, Switzerland, Taiwan, Thailand, Turkey, Britain and Vietnam as being of particular interest, adding that they cover 88 per cent of total goods trade with the US."
Singapore is not in that list. STE is also not doing business in the industries that Trump is focusing tariffs on.  https://www.straitstimes.com/world/united-states/trump-to-impose-25-tariff-on-countries-that-buy-oil-gas-from-venezuela

_MK_Watcher_ : (Trade Deficit) - Singapore has a trade deficit with the US, meaning US exports to Singapore exceed Singapore's exports to the US.
(US-Singapore Free Trade Agreement) -
Singapore has a free trade agreement (FTA) with the US, which means lower tariffs on US imports, potentially mitigating the impact of US tariffs.
(Limited Direct Impact) - Due to the trade deficit and the FTA, Singapore is expected to experience a limited direct impact from US tariffs.
(Broader Trade Tensions) - While Singapore may be less exposed to direct tariffs, it's still vulnerable to broader trade tensions and potential disruptions to its economy, which heavily relies on trade.
(Singapore's Fiscal Position) - Singapore's strong fiscal position, including a surplus in FY2024, can act as a buffer against potential negative impacts from US tariffs.

_MK_Watcher_ : 652//662 might be the new springboard for the next bounce, if it consolidates well at that level. We'll see.

102968156 : I think it is still high at this price. Just be patience and wait for its price to go down further before buying in.

105421965 102968156 : market still fluid entering into Q2, April

Tiny Investor : preparing to relaunch