Several major developing economies face additional tariffs that kicked in on Wednesday, including South Africa at 30 per cent, India at 26 per cent, and Brazil at 10 per cent.
Cambodia was slapped with one of the highest tariff rates at 49 per cent. Imports from Vietnam, Thailand and Indonesia will face duties of 46, 36 and 32 per cent, respectively.
Benjamin Ho, an assistant professor at the S. Rajaratnam School of International Studies’ China programme, said Trump’s sweeping tariffs on the developing world meant that countries might be nudged to “show their true colours” as the US was “taking a big stick and hammering China”.