Trump Tariffs: Why is Laos High on Trump's Tariff 'Hate List'? | Laos Hit With 40% US Tariffs | WION
Edited By WION Video Desk
Published: Aug 29, 2025, 14:59 IST | Updated: Aug 29, 2025, 14:59 IST
Laos is bracing for economic challenges as a 40% US tariff is set to take effect, threatening job losses and a decline in market share, especially in key industries like agriculture, textiles and manufacturing. The country is already grappling with high inflation and severe labor shortages, and experts warn that the tariff hike could exacerbate these issues, potentially disrupting supply chains and affecting exports.
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