Trump's Tariffs: New Pressures on the World's Poorest and Most Vulnerable Nations

World 12:28 03.04.2025

Trump’s tariffs target some of the world’s poorest and most vulnerable countries.

Some of US President Donald Trump’s most punishing tariffs will target the world’s poorest and most vulnerable countries, including those in the throes of deadly civil wars and emerging from suffocating economic crises.

Five countries singled out by the US for tariffs above the 10% minimum — the Democratic Republic of the Congo (11%), Madagascar (47%), Mozambique (16%), Malawi (18%) and Syria (41%) — are among the world’s 26 poorest economies. Collectively, these economies are responsible for just 0.5% of global output and income but are home to nearly 40% of the world’s poor, according to the World Bank.
In Madagascar, an island of about 25 million people off the coast of Southern Africa, more than 80% of the population lives in extreme poverty and survives on less than $2.15 per day.

Its exports to the US, its second-largest export market, totaled almost $800 million in 2024, consisting of mainly vanilla, apparel, titanium and cobalt.

Venezuela (15%), which also suffered from an economic collapse and humanitarian disaster, relies on the US as its biggest trading partner. The US imported $6 billion worth of goods from the South American country in 2024.

Among other countries singled out with the highest tariff rates is Myanmar (44%), a Southeast Asian nation recently hit by a massive earthquake that has killed more than 3,000 people. The country has also been embroiled in civil war for four years. Sparked by a military coup, the fighting has seen junta forces battle rebel groups across the country.

Madina Mammadova//EDnews

IEPF issued a statement regarding Azerbaijani children at the UN Human Rights Council

News line

IEPF issues statement sharply criticizing Canadian Prime Minister Mark Carney’s remarks regarding the so-called "Armenian genocide"
11:45 26.04.2025
The memory of National Hero Albert Agarunov was commemorated in the Alley of Martyrs
12:54 25.04.2025
Gunduz Karimov: Azerbaijan’s economic development enters crucial stage
12:46 25.04.2025
Jeyhun Bayramov welcomed Kaya Kallas bilateral meeting begins
12:33 25.04.2025
The Soul of Tradition Awakens: “Mugham” Television Competition Kicks Off
12:26 25.04.2025
Azerbaijan-Georgia relations: cooperation that serves regional and global interests
12:19 25.04.2025
An event dedicated to the "Year of Constitution and Sovereignty" of Azerbaijan was held in Kars
12:09 25.04.2025
Days of Azerbaijani Culture in Kyrgyzstan ended with a jazz concert
11:58 25.04.2025
Sustainable Agriculture Investment Forum to be held in Baku
11:50 25.04.2025
President Ilham Aliyev received the OSCE Secretary General
11:47 25.04.2025
A working meeting was held between Defense Ministries of Azerbaijan and Uzbekistan
11:29 25.04.2025
An international conference dedicated to the 102nd anniversary of the birth of Academician Zarifa Aliyev will be held
11:20 25.04.2025
Entrepreneurs visited the Alley of Honor and the Alley of Martyrs
11:15 25.04.2025
Vaccines imported to Azerbaijan meet WHO safety standards
11:06 25.04.2025
Azerbaijan and Latvia have doubled the number of permits for international transportation
11:00 25.04.2025
President Ilham Aliyev received Vice-President of the European Commission Kaya Kallas
10:54 25.04.2025
Baku to host IATA's Aviation Energy Forum
10:44 25.04.2025
NGOs from over 110 countries gather in Baku for Global South NGO Platform
10:35 25.04.2025
Cooperation with Azerbaijan creates new opportunities in the field of space
10:32 25.04.2025
Prospects for cooperation between Azerbaijan-China were discussed,a joint statement was signed
10:30 25.04.2025
Azerbaijani, Czech diplomats mull situation in Syria
10:29 25.04.2025
Kyrgyzstan-Uzbekistan route will become part of transit to Europe with Azerbaijan's participation
10:18 25.04.2025
" The Declaration signed in Astana opens a new page in Azerbaijani-Chinese relations"
10:07 25.04.2025
The film "On Distant Shores" was restored in Berlin
10:03 25.04.2025
Holy Mass for the soul of Pope Francis held in Baku
09:58 25.04.2025
A peaceful protest was held in Washington against the lies of the "Armenian genocide"
00:21 25.04.2025
The village of Jahangirbeyli is being rebuilt
13:05 24.04.2025
The strategic partnership between Azerbaijan and China is reaching a qualitatively new stage
12:48 24.04.2025
Leyla Aliyeva met with students at Beijing Foreign Studies University
12:33 24.04.2025
Armenia might resort to military provocation against Azerbaijan with France's support
12:23 24.04.2025
"China has become Azerbaijan's 4th largest trading partner"
12:23 24.04.2025
"We have sincere feelings for Azerbaijan"
12:13 24.04.2025
Pakistan ready to expand cooperation with Azerbaijan in peaceful space exploration
12:12 24.04.2025
China and Azerbaijan build comprehensive strategic partnership: messages from the country's leaders to the world
11:51 24.04.2025
Azercosmos to sign up to 10 Memorandums within the Space Technologies Conference
11:37 24.04.2025
Members of the world-famous ''NomadMania'' travel club are in Fuzuli
11:22 24.04.2025
President Ilham Aliyev gave an interview to China's CGTN TV channel in Beijing
11:11 24.04.2025
A book of condolences was opened at the Italian Embassy in Baku on the death of Francis
11:07 24.04.2025
Trainings for government officials responsible for communications organized in Baku Media
10:56 24.04.2025
"Azerbaijani Cinema Days" to be held in Turkiye
10:44 24.04.2025
Hamısı