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The United States has imposed a new 12.5% tariff on imports from Nigeria, Singapore, and Switzerland, citing failures to ban products made with forced labour. The tariffs were announced by President Trump on July 24, 2026. For Singapore, the measure affects about one-third of its exports to the US. Switzerland has rejected the forced labour accusations. The tariffs are part of a broader US policy targeting trade partners over labour rights concerns.
by WorldBrief & Maksim Micheliov | AI-generated summary
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