While nations worldwide express concern over new U.S. tariffs, Myanmar's military ruler, Min Aung Hlaing, has surprisingly embraced them as a sign of global recognition. His dictatorial government is reportedly touting a formal letter from U.

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,

The US State Department sanctioned the junta chief and others for using "violence and terror to oppress" Burmese people

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.

CNBC's Megan Cassella reports on the latest tariff announcements on Myanmar, Laos, Kazakhstan, Malaysia and South Africa.

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,

India may secure a strategic edge over regional rivals as the Trump administration considers a trade pact slashing proposed tariffs below 20 per cent. Unlike many nations facing sharp hikes, India is unlikely to receive a formal tariff notice ahead of the August 1 deadline.

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.