Trump’s ‘Liberation Day’ tariffs: 10 nations hit hardest

China  China has been hit with 34 per cent tariffs. This will be in addition to the previously imposed 20 per cent. This make the total rise to a whopping 54 per cent.

Vietnam Vietnam faces a 46 per cent tariff, severely impacting its manufacturing sector and global supply chain integration, especially in electronics and textiles.

Cambodia A staggering 49 per cent tariff threatens its garment industry, a key economic driver, endangering jobs and foreign investment inflows.

Laos With a 48 per cent tariff, its fragile economy, heavily reliant on exports and Chinese investments, faces significant economic strain and instability.

Myanmar  A 44 per cent tariff exacerbates economic challenges amid political turmoil, severely impacting its agricultural and textile exports to global markets.

Madagascar  The 47 per cent tariff hits its vanilla, textile and agricultural exports, endangering livelihoods and economic stability in the island nation.

Switzerland A 31 per cent tariff disrupts its high-value exports, including pharmaceuticals and luxury goods, straining economic ties with the US.

India Trump said the US will charge an import duty of 26 per cent on India. Trump described tariffs by  Delhi as “very very tough”. He went on to say that “Their Prime Minister (Narendra Modi) just left (US recently)…he is a great friend of mine, but I said to him that ‘you’re a friend of mine, but you’ve not been treating us right’.

European Union  A 20 per cent tariff has been imposed on all European Union goods, hurting years-long trade ties between the two blocs.

Australia Subject to a 10 per cent tariff, with beef and other exports facing additional taxes, straining historically strong trade relations with the US.

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