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Cambodia, Laos, and Myanmar were hit with tariffs of 49%, 48%, and 44% respectively.
President Donald Trump's "Liberation Day" tariffs, which slapped significant duties on 180 countries, with the highest on Cambodia and Laos, may end up benefiting China and "undermine" U.S.
Japan and ASEAN have an obligation to protect the free trade system.
Yet since his inauguration the president also seems to be creating a “Trump effect” on many, though not all, foreign ...
Trump brushed off concerns about stock market declines after his tariffs were announced. "America is going to be very rich again very soon," he said.
READ MORE: MIKEY SMITH: 6 insane things Donald Trump did while global stock markets crashed Tariffs on goods from southeastern nations like Vietnam, Laos and Cambodia reaching between 46 and 49 ...