News Snapshot:
Developing nations in South-east Asia, including war-torn and earthquake-hit Myanmar, and several African nations are among the trading partners facing the highest tariffs set by US President Donald Trump’s sweeping tariffs. Upending decades of US trade policy and threatening to unleash a global trade war, Trump on Wednesday announced a raft of tariffs he said were designed to stop the US economy from being “cheated”. “This is one of the most important days, in my opinion, in American history,” said Trump on Wednesday. “It’s our declaration of economic independence.” The US president hailed the moment as “liberation day”, but the...