(Reuters) -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, state media reported on Friday. In a response to a letter from Trump notifying Myanmar of the […]
World
Myanmar junta chief asks Trump for sharp reduction in 40% tariff rate
Audio By Carbonatix
(Reuters) -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, state media reported on Friday.
In a response to a letter from Trump notifying Myanmar of the tariff, Min Aung Hlaing proposed a reduced rate of 10% to 20%, with his country slashing its levy on U.S. imports to a range of zero to 10%, it said.
“The senior general acknowledged the president’s strong leadership in guiding his country towards national prosperity with the spirit of a true patriot,” state media said in a report.
(Reporting by Shoon Naing; Writing by Martin Petty; Editing by Christian Schmollinger)