No Confirmation of 40% U.S. Tariff on Myanmar or Laos

Reports emerged on July 8, 2025, suggesting a 40% U.S. tariff targeting Myanmar and Laos, allegedly stated by U.S. President Donald Trump. A comprehensive review of official sources finds no confirmation of such action or rate.

The significance of oil-related policies and geopolitical alignments has historically affected global markets. Current information corroborates only a 10% U.S. tariff targeting BRICS-associated behaviors, lacking mention of Myanmar or Laos.

Unverified 40% Tariff Claims on Myanmar and Laos

Examining evidence, no verified primary sources, including President Trump’s official platforms, validate the claims of a specific 40% tariff imposed on Myanmar and Laos. Official documents only provide a 10% blanket tariff concerning anti-American alignments associated with BRICS.

Statements reportedly made by Trump do not address Myanmar or Laos explicitly, concentrating instead on countries engaging in BRICS-aligned practices. Community and institutional responses reflect skepticism, with no official data supporting a Myanmar or Laos-specific tariff of 40%. Notable omissions include declarations from the U.S. Trade Representative and related governmental agencies.

“Any Country aligning themselves with the anti-American policies of BRICS will be charged an ADDITIONAL 10% Tariff. There will be no exceptions to this policy. Thank you for your attention to this matter!” – Donald Trump, U.S. President

Market Insights: Tariff Impact on Cryptocurrencies

Did you know? Histories of American tariffs, such as the 2018-2019 U.S.–China trade war, observed notable volatility in cryptocurrency and gold futures but do not accentuate reactions specific to Myanmar or Laos.

As of the latest data from CoinMarketCap, Ethereum (ETH) trades at $2,542.66, holding a market cap of $306.94 billion. Its 24-hour trading volume surged by 80.55%, reaching approximately $18.30 billion. Over the past 90 days, Ethereum reflected a significant price boost of 73.71%.

Coincu’s research insights indicate there are no current regulatory adjustments directly linked to Myanmar or Laos tariffs. Market analysts argue robust transparency and specific country mentions could influence potential reactions in both traditional and crypto markets.