Market Chatter: DBS CEO Expects Industry to Face Heightened Volatility on Trump Tariffs

MT Newswires

2025/04/21

DBS Group (SGX:D05) Chief Executive Officer Tan Su Shan has told businesses to be ready to face high volatility and uncertainty in the wake of US President Donald Trump's global tariffs, according to a report by Reuters on Thursday.

Tan expects the market to remain uncertain due to volatile interest rates and foreign exchange rates, coupled by supply chain challenges, the report added.

Shan believes that businesses will have to find new markets for their products to remain competitive since it is no longer business as usual, the report noted.

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