Trump slaps 44% tariff on quake-hit Myanmar, fuelling economic fears

Quick Summary:

Laos, with a poverty rate of 18.3 per cent, has been hit with a 48 per cent tariff.

PM @narendramodi met Senior General Min Aung Hlaing of Myanmar on the sidelines of the BIMSTEC Summit in Bangkok.

Myanmar’s economy is in a precarious state, grappling with the aftermath of a prolonged civil conflict, natural disasters such as recent earthquakes, and international sanctions.

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Article Details

Category: BusinessFinance

Markets: IndiaCambodiaLaosLesothoMyanmarSri LankaUnited StatesVietnam

Topics: Trump tariff myanmar Myanmar eeconomy news Myanmar earthquake news Myanmar trade tariffs US Myanmar trade Myanmar Myanmar earthquake Mynamar economic fears Trump tariffs

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-04 @ 12:50:33 (2 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 663 words

Reading Time: 4 minutes read

Sentences: 32 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 27579278

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News Last Updated: 2 hours ago

Coverage Areas: India

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