Trump Imposes 40% Tariff on Laos and Myanmar, Global Second-Highest Rate, Next to Syria's 41%! Observers Say US Won't Prioritize These Three Countries

Grone Hour August 1st | On Thursday, US President Trump published the revised global tariff plan, imposing a 40% tariff on imports from Laos and Myanmar, which is the second-highest rate globally, next to Syria's 41%. The White House has not explained its reasons yet, and compared to other trade partners, the US trade volume with these three countries is very small. As for Myanmar, last year's total trade volume with the US was $734 million. As for Laos, last year's US exports to this Southeast Asian country totaled $40.4 million, while imports reached $80.33 million. Observers say that imposing high tariffs may be a simple reason: Washington won't prioritize these three countries.