Trade

EU weighs rules to cut reliance on China through broader supply chains

European Commissioner for Trade and Economic Security Maros Sefcovic speaks to the media as he arrives to attend a meeting of G7 trade ministers in Paris, France, May 6, 2026. REUTERS/Benoit Tessier/Pool

Norway rejects US claim on forced labour, opposes tariffs

A 3D-printed miniature model of U.S. President Donald Trump and the Norway flag appear in this illustration taken January 17, 2026. REUTERS/Dado Ruvic/Illustration

US forces board sanctioned tanker in Indian Ocean, Pentagon says

Peru’s June 7 presidential runoff

Peruvian presidential candidate Roberto Sanchez addresses his supporters during his closing campaign ahead of the June 7 runoff election against Keiko Fujimori, in Lima, Peru, June 4, 2026. REUTERS/Alessandro Cinque

Trump’s latest tariff salvo may not be fix for global issue of forced labour

One-third of Singapore’s exports could be slapped with a 12.5 per cent tariff, its Ministry of Trade and Industry said on June 4 as it rejected the US claim of forced labour links.

New Trump tariff of 12.5% would cover one-third of Singapore exports to the US: MTI

The new tariffs will replace a 10 per cent global levy under Section 122 when it expires in late July.

Vietnam says USTR forced labour conclusion does not reflect its efforts

A container is loaded onto a cargo ship while docked at Hai Phong port in Hai Phong, Vietnam, April 16, 2025. REUTERS/Athit Perawongmetha

ST Explains: What does Trump’s new tariff on ‘forced labour’ mean for Singapore trade?

The proposed forced-labour tariff drew immediate criticism from major economies such as the EU and China, and experts expect lawsuits once it goes into effect.

S’pore, Malaysia ink pacts to promote alternative ways for firms to resolve legal disputes

Under the MOUs, Singapore and Malaysia will deepen collaboration in promoting the use of alternative dispute resolution (ADR), jointly organise and participate in each other’s events, and share information.

British trade minister says rejoining EU would not fix UK's issues

People shielding themselves from the rain with EU-themed umbrellas arrive at 10 Downing Street, in London, Britain, June 2, 2026. REUTERS/Toby Melville

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.