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

The potential levies of either 10% or 12.5% would apply to 60 trading partners, although the proposal listed several product exemptions.

The U.S. Trade Representative has included India as one of 54 nations that hasn't prohibited the trade of goods produced by forced labor. As a consequence, a new tariff scheme is…