developing asian countries hit hardest by new trump tariffs
As President Donald Trump declared economic independence through new tariffs he placed significant harm on developing countries in Southeast Asia and Africa. Research shows Chinese investments serve as the main target of these policies so nations hit by natural disasters and war keep facing challenges.
By taking this action, the United States creates a worldwide trade conflict and challenges previous successful trading policies while pushing weakened economies to reassess US ties and move toward Chinese investment.
Region | Country | Tariff Rate |
Southeast Asia | Cambodia | 49% |
Laos | 48% | |
Vietnam | 46% | |
Myanmar | 44% | |
Thailand | 36% | |
Indonesia | 32% | |
East Asia | China | 34% |
South Asia | Sri Lanka | 44% |
Africa | Lesotho | 50% |
Madagascar | 47% | |
Botswana | 37% | |
Europe | Serbia | 37% |
Global | All other imports | 10% |
Tensions elevated and tactical intensity was growing enormously during the round 19 match between Daejeon and Gimcheon but surprisingly the…
To enroot its financial Ruth in Australia, the Singapore-based DBS Group has disclosed that it will be doubling its lending…
The 2025 K-Drama ‘The Great Escape: The Story’ unlike the earlier seasons which was initially conceptualised not as a sequel…
“Low Life” is an upcoming South Korean drama which delves into the gritty realities of urban life and the narration…
Moon Tae-il, was celebrated as the soulful main vocalist of the NCT boy group but his current plight is found…
The Association of Southeast Asian Nations (ASEAN) is one region that is still establishing a strong identity through its official…
This website uses cookies.
Read More