In the second quarter of 2025, Singapore's economy grew by 4.3% year-on-year and 1.4% quarter-on-quarter, avoiding a technical recession. Growth drivers included exports, accelerated ahead of new US tariffs, recovery in the manufacturing and construction sectors, and expansion of services. The Ministry of Trade lowered its 2025 GDP growth forecast to 0–2%. Economists project growth around 2.4%, though risks remain: geopolitical tensions, potential tariff reinstatement, and global demand slowdown. The central bank eased policy to support exports. Talks with the US are underway regarding tariffs on pharmaceuticals and electronics. Key sources: reuters.com, singstat.gov.sg, channelnewsasia.com.