Trump threatens more countries with tariffs as high as 30%
Last edited Wed Jul 9, 2025, 01:29 PM - Edit history (1)
Source: CNN Business
Updated 1:23 PM EDT, Wed July 9, 2025
CNN — President Donald Trump sent letters to the leaders of seven more countries Wednesday, adding to the growing list of US trading partners for whom he has threatened new tariff rates.
Among the latest recipients were the Philippines, Sri Lanka, Moldova, Brunei, Algeria, Libya and Iraq, with rates going as high as 30% on goods they ship to the United States. The new tariffs go into effect August 1, pending negotiations.
The rates Trump said would be imposed on goods from Sri Lanka, Moldova, Iraq and Libya were lower than those he announced in early April. The rates on goods from the Philippines and Brunei were higher, compared to April levels. Meanwhile, the rate on goods from Algeria was the same (30%) as April levels.
Collectively, the US imported $29 billion worth of goods from those seven nations last year, according to US Commerce Department figures. That accounts for less than 1% of the $3.2 trillion of goods the US imported.
Read more: https://www.cnn.com/2025/07/09/economy/tariff-letters-trump
Article updated.
Original article -
CNN — President Donald Trump sent letters to the leaders of six more countries Wednesday, adding to the growing list of US trading partners for whom he has threatened new tariff rates.
Among the latest recipients were the Philippines, Moldova, Brunei, Algeria, Libya and Iraq, with rates going as high as 30% on goods they ship to the United States. The new tariffs go into effect August 1, pending negotiations.
The rates Trump said would be imposed on goods from Moldova, Iraq and Libya were lower than those he announced in early April. The rates on goods from the Philippines and Brunei were higher, compared to April levels.
Collectively, the US imported $24 billion worth of goods from those five nations last year, according to US Commerce department figures. That accounts for less than 1% of the $3.2 trillion of goods the US imported.
= new reply since forum marked as read
