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Live Updates  >  Live Update Details

2025-08-01 15:09:45

US imposes 40% tariffs on Laos and Myanmar imports. (1) US President Trump's latest tariff plan imposes a 40% tariff on goods imported from Laos and Myanmar, a rate second only to Syria's 41%. Myanmar's trade with the US was $734 million in 2024 (still subject to sanctions stemming from the 2021 coup), with Laos exporting $803.3 million and importing $40.4 million. (2) The policy coincides with the lifting of the state of emergency by Myanmar's military junta. (Refinitiv)

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