tariffs

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New US tariffs impact Singapore and other partners over forced labour concerns.

The United States has imposed new tariffs on 60 trade partners, including Singapore, with a 12.5% levy referencing allegations related to forced labour. These tariffs form part of broader US trade policy under President Trump's administration, which claims to combat forced labour practices but faces criticism for using this reason as a pretext for tariffs. Singapore and other countries affected are navigating the implications and responses amid warnings from China against escalating trade wars.