From Laos to Brazil, President Trump’s tariffs leave a lot of losers. But even the winners will pay a price.
- Posted on August 2, 2025
- By Chicago Tribune
- 1 Views

From Laos to Brazil, President 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.