How Trump’s tariffs could make your iPhone cost $3,500
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7 countries (besides China) facing the highest tariff rates

From Vietnam to North Macedonia, the trade war pain will be real

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President Trump pressed the pause button on tariffs for 90 days this week and sent the markets into extreme volatility.

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When announcing the tariffs Trump said, “taxpayers have been ripped off for more than 50 years. But it is not going to happen anymore.”

A few days later, he announced the pause for all countries except China (who will be tariffed at a 124% rate). But if the planned tariffs eventually go into effect, some countries will feel the pain worse than others. According to a list released by the White House earlier this week, these countries stand to feel the most pain.

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Lesotho

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Lesotho is a tiny kingdom surrounded by South Africa. In March, President Trump described Lesotho as a place “nobody has ever heard of.” People have heard of it now and it earns the distinction of receiving the most punishing tariff on this list at 50%.

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United States Imports from Lesotho were US$242.46 Million during 2024, according to the United Nations COMTRADE database on international trade. The U.S. important garments (primarily denim), rough diamonds, and farm-raised trout.

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Cambodia

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Cambodia leads the list of countries to be impacted by reciprocal tariffs, at a 49% rate. United States imports from Cambodia were US$13.36 billion during 2024, according to the United Nations COMTRADE database on international trade. Apparel, footwear, and travel goods dominated the trade.

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Laos

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United States imports from Laos were US$849.74 million during 2024, according to the United Nations COMTRADE database on international trade.

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According to the U.S. Trade Representative’s office, the U.S.A imports primarily optical and medical instruments, electronics, footwear, apparel, and natural resources like salt, sulfur, and stone.

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5 / 9


Madagascar


Madagascar

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The United States imports from Madagascar were US$753.23 million during 2024, according to the United Nations COMTRADE database on international trade.

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According to the U.S. State Department, U.S. imports from Madagascar are primarily apparel, vanilla beans, and precious stones/metals.

Madagascar will be subject to a 47% tariff.

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Vietnam

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Vietnam is sixth on the list at a 46% reciprocal tariff rate.

According to the U.S. governments Bureau of Industry and Security, in 2022, the most recent year statistics are available, U.S. received $127.5 billion in imports from Vietnam.

The top commodity sectors were Machinery & Mechanical Appliances, Textiles, Footwear, and Headgear, and Miscellaneous Manufactured Items.

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Sri Lanka

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Sri Lanka will get slapped with a 44% tariff.

United States imports from Sri Lanka were US$3.16 Billion during 2024, according to the United Nations COMTRADE database on international trade.

Imports Sri Lanka are primarily in garments and gems.

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Myanmar

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Myanmar will get slapped with a 44% tariff.

United States Imports from Myanmar were US$683.25 million during 2024, according to the United Nations COMTRADE database on international trade.

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According to the Observatory of Economic Complexity, main imports from Myanmar to the USA include trunks and cases, garments, and frozen fish.

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