A breakdown of the trade links of Trump’s latest tariff targets

Fourteen countries have been given until Aug. 1 to negotiate trade deals with the Trump administration or risk the imposition of higher tariffs.

While the majority of the new tariffs announced on Monday closely reflect the rates proposed by President Donald Trump in April, Laos and Myanmar are set to face the highest levy at 40%.

TRUMP ANNOUNCES 25% TARIFFS ON JAPAN, SOUTH KOREA

Goods from Serbia and Bosnia and Herzegovina will face slightly lower rates of 35% and 30%, respectively.