The new tariff directives, communicated via official letters to foreign leaders and shared on Trump's Truth Social platform, outline duty hikes of 30 per cent on Algeria, Iraq, and Libya; 25 per cent on Brunei and Moldova; and 20 per cent on the Philippines. The tariffs will take effect starting August 1.

U.S. President Donald Trump on Wednesday issued a round of tariff letters to seven countries, including Algeria, Iraq, Libya, Sri Lanka and the Philippines.

Trump also announced new blanket import tariffs effective Aug. 1 on goods from five more countries—Tunisia, Indonesia, Bangladesh, Serbia, and Bosnia. “Tunisia will face a 25% tariff on goods imported to the U.