Reported 1 day ago
President Trump's newly imposed reciprocal tariffs are significantly affecting some of the world's poorest countries, jeopardizing their labor-intensive export industries. Cambodia, Bangladesh, and Lesotho are among the nations facing exceptionally high tariff rates, which could lead to further economic distress amid ongoing cuts to US aid contracts. The situation is prompting these countries to potentially seek new markets in Europe and elsewhere as the tariffs threaten their economic stability and relationships with the US.
Source: YAHOO