Which Asean nations face the highest US tariff rates?

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Laos and Myanmar Face the Highest US Tariff Rates

Laos and Myanmar are currently subject to the highest US tariff rates among Southeast Asian nations, with both countries facing a 40 per cent levy. In contrast, most of the region is subject to tariffs of 19 per cent and 20 per cent. Singapore, for example, has a 10 per cent tariff rate.
Laos and Myanmar Subject to 40 Per Cent Tariff

Laos and Myanmar have been specifically targeted with a 40 per cent US tariff rate. This places them significantly above other member nations of the Association of Southeast Asian Nations (Asean) in terms of trade barriers with the United States. The specific reasons for these higher rates were not detailed in the provided information.
Vietnam Faces Substantial Economic Risk

Vietnam, a major exporter to the US, faces a 20 per cent tariff rate. This level of tariff is estimated by the United Nations Development Programme to potentially result in annual losses of US$25 billion for Vietnam, making it the most economically impacted nation in the region due to these tariffs.
Regional Tariffs Generally Set at 19-20 Per Cent

The majority of Southeast Asian countries are operating under a general tariff rate of 19 per cent and 20 per cent for goods imported into the United States. This indicates a broader trade policy framework for the region, with exceptions for specific nations like Laos, Myanmar, and Singapore.
Broader Trade Deal Negotiations Underway

US Trade Representative Jamieson Greer indicated that trade deals with several Southeast Asian countries are expected to be finalised in the coming months. These discussions are part of ongoing negotiations to address trade imbalances and establish more balanced global trading systems, with agreements for some nations potentially being concluded within weeks.

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Which Asean nations face the highest US tariff rates?

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