Investors are facing a tough situation with the announcement of a wide range of tariffs by US President Donald Trump.

Although Trump also announced a 90-day pause on these reciprocal tariffs, investors naturally remain jittery as they do not know what to expect in the coming days and weeks.

During such uncertain times, it’s a good idea to stick with tried-and-tested blue-chip stocks that can provide stability and dividends for your investment portfolio.

Here are three high-quality blue-chip stocks that we believe can withstand the impact of Trump’s tariffs.

Singapore Exchange Limited (SGX: S68)

Singapore Exchange Limited, or SGX, is Singapore’s sole stock exchange operator.

The group has recently morphed into a multi-asset exchange offering a wide suite of securities such as equities, derivatives, and fixed income for investors and fund managers to manage their investment portfolios.

SGX reported a strong set of earnings for the first half of fiscal 2025 (1H FY2025) ending 31 December 2024.

Net revenue climbed 15.6% year on year to S$646.4 million, aided by a 13.4% year-on-year increase in revenue for its Fixed Income, Currencies and Commodities (FICC) division.

Net profit excluding exceptional items jumped 27.3% year on year to S$320.1 million.

SGX upped its interim dividend per share from S$0.085 to S$0.09, taking its annualised dividend to S$0.36.

1H FY2025 saw SGX’s derivatives’ daily average volume (DAV) increase from 1 million to 1.25 million contracts.

The headline average daily volume (ADV) for its over-the-counter foreign exchange (FX) platform surged 36% year on year to US$136 billion.

These statistics showcase the popularity of SGX’s suite of multi-asset offerings.

During the initial tariff announcement, the Straits Times Index (SGX: ^STI) plunged by 7.5% as investors headed for the exits, triggering significant volatility in the process.

Flows, however, indicated that institutions were net buyers of stocks, snapping up S$15.1 million worth, while retail investors net bought S$671 million of Singapore stocks.

Volatility helps to boost SGX’s overall volumes as more investors seek Singapore’s safe haven status to increase their shareholdings, while fund managers rely on the bourse operator’s suite of securities to hedge their portfolios.

SGX aims to continue growing its offerings, with the recent release of a larger slate of Singapore Depository Receipts (SDRs) and is optimistic that it can grow its revenue by 6% to 8% per annum in the medium term.

CapitaLand Integrated Commercial Trust (SGX: C38U)

CapitaLand Integrated Commercial Trust, or CICT, is a retail and commercial REIT with a portfolio of 26 properties in Singapore (21), Germany (2), and Australia (3).

The REIT’s assets under management stood at S$26 billion as of 31 December 2024.

CICT has demonstrated its resilience by announcing a slight year-on-year increase in its distribution per unit (DPU) during its latest earnings release.

For 2024, gross revenue inched up 1.7% year on year to S$1.59 billion while net property income improved by 3.4% year on year to S$1.15 billion.

DPU went from S$0.1075 a year ago to S$0.1088, representing a small 1.2% year-on-year rise.

With rental income derived from Singapore, Germany, and Australia, CICT should remain relatively unaffected by the impact of Trump’s tariffs.

The REIT recently increased its exposure to Singapore’s downtown retail segment with the acquisition of a 50% stake in ION Orchard Mall.

CICT’s manager also sold off 21 Collyer Quay and used the divestment proceeds to repay debt and enhance the REIT’s financial flexibility.

With committed occupancy high at 96.7%, the REIT has embarked on asset enhancement initiatives (AEIs) to further add value to unitholders.

The IMM Building in Singapore’s AEI is in its third phase and should be completed by this year’s third quarter.

Meanwhile, Gallileo in Germany has achieved a committed occupancy of 97.4% and is targeting a phased handover in the second half of 2025.

Hongkong Land Holdings (SGX: H78)

Hongkong Land Holdings, or HKL, is a property investment, management, and development group.

The group’s real estate footprint spans more than 850,000 square metres with flagship projects in Singapore, Hong Kong, and Shanghai.

HKL reported a downbeat set of earnings as a fall in the fair value of its investment properties resulted in an operating loss for 2024.

Revenue rose 8.6% year on year to US$2 billion but underlying net profit stumbled, falling by 44% year on year to US$410 million.

However, HKL’s dividend per share increased by 5% year on year to US$0.23.

The group recently launched its Strategic Vision 2035 to become a real estate leader focusing on ultra-premium commercial properties.

HKL set ambitious goals to double its underlying net profit before interest and taxes by 2035 while doubling its dividend.

This strategy involves going asset-light and shedding the development arm.

The group will engage in capital recycling for its high-quality portfolio to realise value while investing in suitable projects that deliver recurring income.

By 2027, HKL hopes to recycle between US$4 billion to US$6 billion with the objective of hitting US$10 billion by 2035.

With this long-term plan in mind, HKL is also less affected by tariffs as it executes its plan to invest in investment properties with recurring income.