Myanmar, Cambodia and Laos hit with rates over 40% as experts say the real target is China
- Business live – latest updates
- Analysis: Trump’s ‘idiotic’ and flawed tariff calculations stun economists
Developing nations in south-east Asia, including wartorn and earthquake-hit Myanmar, and several African nations are among the trading partners facing the highest tariffs set by Donald Trump.
Upending decades of US trade policy and threatening to unleash a global trade war, the US president announced a raft of tariffs on Wednesday that he said were designed to stop the US economy from being “cheated”.
Continue reading...
