New Delhi, April 3 -- US President Donald Trump has announced a comprehensive tariff policy, imposing reciprocal duties on imports from 60 countries as part of his administration's efforts to address trade imbalances and bolster American industries. The policy includes a 10% baseline tariff on all imports, with significantly higher duties for nations running trade surpluses with the United States.

The highest tariffs have been imposed on Cambodia (49%), Vietnam (46%), and Sri Lanka (44%), reflecting Trump's strategy to target countries with substantial trade surpluses.

Other Asian economies such as Bangladesh (37%), Thailand (36%), Taiwan (32%), and Indonesia (32%) also face steep levies. China, a key target of Trump's trade policies, w...