Chinese New Year Ang Pao Rates 2021
Written on :
June 4, 2024

This year's CNY will definitely look a little different with the pandemic, and will that be the same for your ang paos? We find out what you can (hopefully) expect for CNY 2021!
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On April 2, 2025, President Donald Trump announced sweeping new tariffs on Southeast Asian imports, citing the need to “recalibrate trade imbalances” and “bring manufacturing back to American soil.” These tariffs vary significantly by country, hitting Vietnam (46%), Cambodia (49%), and Laos (48%) the hardest. Singapore, while facing the lowest rate of 10%, is not exempt, and neither are its consumers.