The U.S. has sanctioned Myanmar's military junta and refused to acknowledge its rule, so Mr. Trump's personal letter to its leader was welcomed, despite the subject.

Myanmar's ruling military general has asked U.S. President Donald Trump for a reduction in the 40% tariff rate on his country's exports to the U.S. and is ready to send a negotiation team to Washington if needed,

The U.S. has sanctioned Myanmar's military junta and refused to acknowledge its rule, so Mr. Trump's personal letter to its leader was welcomed, despite the subject.

Myanmars military leader, Senior General Min Aung Hlaing, has formally requested a reduction in the 40% U.S. tariff on Myanmar exports, proposing a revised rate of 10% to 20%, according to state media reports on

Myanmar’s junta chief Min Aung Hlaing praised Donald Trump in a rare letter and compared his military’s coup to the US president’s baseless claims of election fraud, suggesting both leaders were victims of rigged votes.

The last time President Donald Trump rolled out tariffs this high, financial markets quaked, consumer confidence crashed and his popularity plunged

India may secure a strategic edge over regional rivals as the Trump administration considers a trade pact slashing proposed tariffs below 20 per cent. Unlike many nations facing sharp hikes, India is unlikely to receive a formal tariff notice ahead of the August 1 deadline.