Myanmar Military Chief Asks US To Cut 40% Tariff Rate, Offers Trade Concessions

Myanmar's ruling military general Min Aung Hlaing proposed slashing its levy on US imports to a range of zero to 10%.

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Myanmar asked US to cut 40% tariff rate
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  • Myanmar's military general requested a reduction of US tariffs on exports from 40% to 10-20%
  • Myanmar proposed cutting its tariffs on US imports to between zero and 10%
  • The general expressed willingness to send a negotiation team to Washington if required
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Myanmar's ruling military general has asked US President Donald Trump for a reduction in the 40% tariff rate on his country's exports to the US 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 US 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.
 

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

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