Myanmar, which is reeling from a huge earthquake and civil war, faces 44% rate amid suspicions that the underlying target is China
Markets react to Trump tariff announcement – business live
Developing nations in South-east Asia, including war-torn and earthquake-hit Myanmar, and several African nations are among the trading partners facing the highest tariffs set by US President Donald Trump’s sweeping tariffs.
Upending decades of US trade policy and threatening to unleash a global trade war, Trump on Wednesday announced a raft of tariffs he said were designed to stop the US economy from being “cheated”.
About Author
More Stories
Tributes to ex-London scientist after body found dismembered in Colombia
EU to build AI gigafactories in €20bn push to catch up with US and China
Revealed: Big tech’s new datacentres will take water from the world’s driest areas