Singapore's Ministry of Trade and Industry (MTI) is currently evaluating the implications of a proposed 12.5% tariff from the United States, which targets goods linked to forced labour. This tariff is projected to impact about one-third of Singapore's exports to the US, although certain exemptions will apply, including for energy products and pharmaceuticals. The proposal stems from a Section 301 investigation by the US Trade Representative (USTR), which identified 54 economies, including Singapore, as having inadequate enforcement against forced labour imports. In response, MTI has stated its commitment to combating forced labour and is actively engaging with the USTR to discuss potential options. The proposed tariffs are not set to take effect immediately; they are subject to public comment and review, with hearings scheduled to start on July 7. This initiative follows temporary tariffs imposed after the US Supreme Court's decision regarding previous tariff measures, which are set to expire on July 24. Singapore is also involved in another ongoing USTR investigation concerning manufacturing sector capacity.