Trump announces stinging tariffs on US allies in Asia

Trump announces stinging tariffs on US allies in Asia


“We invite you to participate in the extraordinary Economy of the United States, the Number One Market in the World, by far.” Higher rates will apply to imports from South Africa and Bosnia and Herzegovina (30%), Indonesia (32%), Serbia and Bangladesh (35%), Thailand and Cambodia (36%), and Vietnam, Laos, and Myanmar (40%). The US president has long argued that tariffs fix unfair trade deficits and stop other countries from “ripping off” the US.

Author: RT


Published at: 2025-07-07 22:37:07

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