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flag Singapore negotiates with the US for concessions on pharmaceuticals and AI chips amid economic uncertainties.

flag Singapore is in talks with the US to secure concessions on pharmaceutical exports, which make up over 10% of Singapore's exports to the US, and access to high-end AI chips. flag Despite a 10% tariff on pharmaceuticals from Singapore, both parties are exploring ways to deepen economic ties. flag The negotiations come as Singapore faces economic uncertainties and has downgraded its growth forecast for the year.

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