Key developments

1. Jul 25, 2026

   The U.S. moves to expand Section 301 tariff investigations into forced-labor practices across roughly 60 trading partners, including Thailand and India.

   164 sources on this →
2. Jul 24, 2026

   Washington prepares a final Section 301 action on forced-labor imports from 60 partners, including India, proposing 10-12.5% tariffs after over 1,600 public comments.

   171 sources on this →
3. Jul 24, 2026

   The U.S. imposes a 25% tariff on Brazilian goods including steel, apparel and sugar, prompting Brazil to vow reciprocal measures.

   600 sources on this →
4. Jul 25, 2026

   The U.S. imposes a 12.5% tariff on Singapore over forced-labor concerns as Allianz agrees to buy HSBC's Singapore insurance unit.

Coverage across the spectrum

Stories in this storyline

US tariffs Singapore; Allianz buys HSBC Singapore insurer

The US has imposed a 12.5% tariff on Singapore over forced-labor concerns, while Allianz agreed to buy HSBC’s Singapore Life unit for about US$2.9 billion, reflecting a broader push to streamline portfolios in Singapore. HSBC’s sale, including a 15-year exclusive bancassurance distribution deal, is part of its strategy to free capital and focus on core markets, potentially boosting CET1 and enabling higher returns.

33 sources

Photo: Bilal Ahmed / Wikimedia Commons (Pexels)

US 301 Tariffs Expand to 60 Partners, Court Rulings

The U.S. will release its final responsive action on Section 301 investigations into forced-labor imports from 60 trading partners, including India, ahead of the expiry of 10% tariffs, with proposed 10% and 12.5% duties depending on partner measures; the process has involved over 1,600 public comments and 107 witnesses at hearings. India has contested the investigations and pressed to address these issues within bilateral talks, while concerns about soda ash market access and structural capacity in several countries are also being considered.