Trump Tariffs: Which Countries Face the Highest Tariff Rates?

The US President has confirmed the new tariff rates on imports from all trading partners. Here’s a list of countries facing the highest tariffs-

1. Cambodia: 49%

The southeast Asian country will face the highest tariff rate under the new policy.

2. Vietnam: 46%

3. Sri Lanka: 44%

4. Bangladesh: 37%

5. Thailand: 36%

6. China: 34%

The US President has also imposed a 26% tariff rate on all Indian imports. For Japan and the European Union, the tariff rate stands at 24% and 20%, respectively.