Daily News Blog

Trump sends 35-pct tariff letter to Bangladesh, 40-25-pct rates to 13 countries

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US President Donald Trump has sent to Bangladesh announcing a 35 percent tax on goods the exported to the USA, down 2 percent from the original 39 percent, and 13 other countries, according to his social media platform.

At least two countries, Japan and Malaysia, saw rates going up from 24 percent in the original April list to 25 percent.

The letters said ‘perhaps’ the rates can be adjusted if the country opens their markets to the United States.

The letters also threatened higher tariffs if the countries concerned took any counter action.

Trump charged 40 percent from Laos down from 48 percent.

Myanmar 40 percent down from 44 percent.

Cambodia 36 percent down from 49 percent.

Thailand 36 percent, no change.

Serbia 35 percent, down from 37 percent.

Indonesia 32 percent, no change.

Bosnia-Herzegovina 30 percent, down 35 percent.

South Africa 30 percent, no change.

Japan 25 percent, up from 24 percent.

Kazachstan 25 percent, down 2 percent.

Malaysia 25 percent up 1 percent.

South Korea 25 percent, no change.

Tunisia 25 percent, down from 28 percent

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