Taiwan vowed on Friday to seek a lower tariff after Donald Trump imposed a "temporary" 20% levy on its shipments to the US.

The countries hit hardest by these new tariffs are Syria at 41%, Myanmar at 40%, and Laos also at 40%. Goods that have been transhipped (in this case, that means moved from a high tariff country to a low tariff one, to avoid extra charges) are subject to a blanket tariff of 40%.

President Donald Trump ’s latest tariff moves drew worries from Wall Street as stocks slumped Friday and Treasury yields fell sharply. Trump signed an order the previous night imposing steep tariffs on 66 countries,