Trump Announces New Tariffs on Asian Economies - Impact on Imports

Updated: 08 Jul 2025, 06:59 AM IST

US President Donald Trump has implemented new tariffs on imports from several Asian countries, affecting key economies like Thailand, Cambodia, Bangladesh, and more.

US President Donald Trump has announced a significant set of new tariffs, set to take effect on August 1, targeting imports from multiple Asian economies. Countries affected include Thailand, Cambodia, Bangladesh, Indonesia, Malaysia, Japan, and South Korea.