WASHINGTON: US President Trump's revised global tariff plan unveiled Thursday hit Laos and Myanmar hard with a 40% import duty - the second-highest rate in the world behind only Syria at 41%. The White House hasn't explained its rationale, and US trade with all three is small compared with its other partners.
Myanmar remains under US sanctions following its 2021 coup, and Laos has drawn US scrutiny for deepening ties with China. Syria, meanwhile, had been penalized for human rights abuses under former President Bashar Al-Assad. In Myanmar's case, trade with the US totalled $734 million last year - yet the penalty will deepen an economic collapse that began when Min Aung Hlaing seized power in a coup more than four years ago.
Myanmar remains under US sanctions following its 2021 coup, and Laos has drawn US scrutiny for deepening ties with China. Syria, meanwhile, had been penalized for human rights abuses under former President Bashar Al-Assad. In Myanmar's case, trade with the US totalled $734 million last year - yet the penalty will deepen an economic collapse that began when Min Aung Hlaing seized power in a coup more than four years ago.
You may also like
Record-breaking five-star hit new play extends West End run
Earthquake shakes one of Britain's most scenic hiking spots
Lewis Hamilton shows true colours just minutes after Hungarian GP qualifying disaster
Weight loss drugs leaving users 'sick and weak'
Love Island's Kai and Sanam share first picture from wedding day as fans gush over dress