Singapore’s Manufacturing PMI inched up to 50 in June from 49.7 in May, snapping a two-month contraction as firms likely front-loaded orders ahead of looming U.S. tariff deadlines. The recovery was primarily driven by faster expansion in new orders, new exports, and input purchases. At the same time, the electronics sector PMI climbed to 50.1 in June from 49.9 in May, returning to expansion territory and signaling improving market sentiment and business confidence. However, rapid shifts in global trade policies and tariffs continue to disrupt supply chains, leaving local manufacturers cautious. With tariff uncertainty persisting, Singapore’s trade-dependent economy faces mounting risks as a 10% U.S. tariff on its exports is scheduled to take effect next week after a 90-day delay.