Singapore faces a potential 12.5% US tariff on exports following a trade probe into its enforcement of forced labour bans. Read more at straitstimes.com. Read more at straitstimes.com.

USTR has proposed a 10% duty rate for economies that have adopted a full or partial prohibition on forced labor trade, and 12.5% for all other economies.

USTR proposes 12.5% additional duties on India and 53 countries for failing to tackle forced labour import violations.

The trade agency said it would impose additional duties of 12.5 percent on the remaining 45 countries that it investigated.

The move comes months after Washington launched investigations into 60 economies, including China, Australia, Japan, South Korea, Singapore and the Philippines.

The development came at a time when Washington and New Delhi are holding talks to finalise a bilateral trade agreement.

Singapore faces a potential 12.5% US tariff on exports following a trade probe into its enforcement of forced labour bans. Read more at straitstimes.com. Read more at…

The US claims the countries failure to address forced labour concerns places restrictions on US trade

For countries, including Pakistan, that have 'imposed partial regime with effect of preventing importation of certain forced labour goods', USTR proposes an additional 10% tariff.

Australia could be hit with a new US tariff after the Trump administration accused dozens of countries of failing to crack down on goods made with forced labour.

Discover the implications of Trump's new forced labour tariffs on Singapore's trade and how they might affect businesses. Read more at straitstimes.com. Read more at…

U.S. Trade Representative Jamieson Greer has recommended the imposition 10-12.5 percent levies on 60 major trading partners.

Dozens of economies, including Singapore, could face a new 12.5 per cent levy if the proposed tariffs are implemented.

MTI states that new US tariffs on forced labour goods will impact one-third of Singapore's exports, with some exceptions. Read more at straitstimes.com. Read more at…

The proposed tariff would cover about one-third of Singapore’s domestic exports to the US, says the Ministry of Trade and Industry.

One-third of Singapore’s exports could be slapped with a NEW 12.5 per cent tariff. Read more at straitstimes.com. Read more at straitstimes.com.