Trump tariffs: Asian reaction to new US ‘reciprocal’ rates

TOKYO — Hours ahead of his Aug. 1 deadline for new “reciprocal” tariffs, U.S. President Donald Trump has announced the rates he is going to impose on imports of goods from dozens of countries.

The new rates include 25% on India, 20% on Taiwan and 19% on Thailand, Malaysia and Cambodia. Countries that run a trade deficit in goods with the U.S., such as Singapore, will face the baseline rate of 10%. Some of Asia’s smallest economies have been hit hardest: Laos and Myanmar both face 40%.

For more in-depth reaction and analysis, here are some of Nikkei Asia’s recent articles on the U.S. tariffs:

– Trump unveils new sweeping tariff rates up to 41%

– Taiwan says US tariff deal not final, calls 20% hit ‘temporary’

– China pauses US-bound company investment amid trade war

Read more at asia.nikkei.com