US broadens Myanmar sanctions beyond military with trade move

Washington threatens junta with removal of preferential tariffs after weekend bloodbath

20210330 myanmar

A Myanmar national who said he recently fled to India shows a Myanmar kyat banknote at an undisclosed location in India's northeastern state of Mizoramon March 15. © Reuters

GWEN ROBINSON, Nikkei Asia Editor-at-large, and RORY WALLACE, contributing writer

YANGON/BANGKOK -- The U.S. has moved to broaden sanctions on Myanmar beyond those targeted specifically at military leaders and will consider excluding the country from a program of tariff-free access to the American market for certain exports.

Washington has suspended all engagement with Myanmar under the bilateral Trade and Investment Framework Agreement "until the return of a democratically elected government," U.S. Trade Representative Katherine Tai said on Monday.

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