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Wei Lit Wong (Singapore)

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In response to heightened scrutiny over country of origin declarations amid ongoing global tariff tensions, Singapore Customs issued Circular No. 06/2025 on 9 June 2025 (the “Circular”) to provide important clarification on the applicable preferential and non-preferential rules of origin when declaring the “country of origin” for importation into, exportation out of, and transshipments through Singapore. General Principle Singapore Customs emphasised that the “country of origin” of a good refers to the country in which…

Following the previous round of 10% tariffs imposed by the US on all goods originating from China, effective February 4, 2025, the US has imposed additional 10% tariffs on all Chinese goods under the International Emergency Economic Powers Act (“IEEPA”) on March 3, 2025. In response, China announced a new series of retaliatory measures against the US the next day. Below is a summary of these measures: 10-15% retaliatory tariffs on US agricultural products Effective…