US Edition
Trump threatens more countries with tariffs as high as 30%
UNITED STATES, JUL 10 – President Trump set tariffs ranging from 20% to 30% on imports from seven countries to address trade imbalances and protect U.S. economic and national security interests.
- On July 9, 2025, President Donald Trump notified seven smaller U.S. trading partners, including the Philippines and Malaysia, about impending tariff measures.
- He issued these letters after a 90-day negotiating period that started in April and was extended to August 1, 2025, to allow more talks.
- The letters impose tariffs of 30% on imports from Algeria, Iraq, Libya, and Sri Lanka, 25% on Brunei and Moldova, and 20% on the Philippines.
- Trump emphasized that all payments related to the tariffs must be completed by August 1, 2025, and made it clear that no deadline extensions will be allowed, despite resistance from some countries to U.S. demands.
- These tariffs aim to reduce trade imbalances reported last year, while Trump threatens additional tariffs on retaliating countries and frames them as invitations to U.S. economic participation.
294 Articles
294 Articles
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US slaps higher 20% tariff on Philippine goods
US President Donald Trump released a fresh set of letters to trading partners on Wednesday, setting out tariff rates for six countries as Washington pushes to bring about a flurry of trade deals officials have promised.
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