From Laos to Brazil, Trump’s tariffs leave a lot of losers. But even the winners will pay a price
- Posted on August 2, 2025
- By Star Tribune
- 1 Views
From Laos to Brazil, Trump’s tariffs leave a lot of losers. But even the winners will pay a price
President Donald Trump's tariff onslaught this week left a lot of losers – from small, poor countries like Laos and Algeria to wealthy U.S. trading partners like Canada and Switzerland. They're now facing especially hefty taxes – tariffs – on the products they export to the United States starting Aug. 7.
