President Donald Trump's recent announcement of high tariffs on several developing nations in Southeast Asia and Africa marks a significant shift in US trade policy. Claimed as a move towards economic independence, these tariffs particularly target countries like Cambodia, Laos, and Myanmar, which are already dealing with humanitarian crises and economic challenges. Experts suggest that these tariffs are likely aimed at countries benefiting from Chinese investments, thereby further complicating international trade relations and potentially leading to widespread protests in affected regions. The looming consequences of these tariffs could deepen economic difficulties for vulnerable populations already struggling with poverty and recovery from natural disasters.
Developing nations in South-east Asia and several African nations are facing high tariffs set by US President Donald Trump, threatening to upend global trade policies.
Trump announced tariffs as a declaration of economic independence for the US, but is likely targeting nations that receive significant investments from China.
Cambodia is the worst-hit with 49% tariffs affecting its factories, more than half of which are reportedly Chinese-owned, increasing hardship for its poor population.
Laos, Vietnam, and Myanmar are also severely impacted by high tariffs, which threaten to exacerbate existing humanitarian issues and poverty rates in these countries.
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