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Trump's latest tariff salvo no fix for global issue of forced labour

New US tariff, exemptions will provide growth stimulus for Indonesia, minister says

Potential Trump tariffs of 12.5% could hit one-third of Singapore exports to the US: MTI

Singapore’s Ministry of Trade and Industry says it is assessing the potential impact of the proposed measures and will continue to engage the Office of the United States Trade Representative (USTR).

CNA Explains: What the US forced labour probe means for global trading partners

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

US proposes new tariffs of at least 10% on dozens of trading partners over forced labour

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

Commentary: The biggest losers from Trump's tariffs? Americans

In addition to raising prices, companies also reined in labour costs to cover the expense of tariffs, says Robert Burgess for Bloomberg Opinion.