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,

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 tariffs were detailed in official letters shared by Donald Trump on his Truth Social account, with rates scheduled to take effect from August 1.

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,

Also featuring stories on the world’s riskiest maritime shipping routes, sub-par cancer drugs exported across the globe, and uncovering “pig butchering” online scams in Myanmar.

The new trade measures, shared in official letters and posted on Trump’s Truth Social account, will begin on August 1.

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