Trump, Tariffs
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Asianet Newsable on MSNTrump Hits Algeria With 30% Tariffs, Warns Against Transshipping Goods To Evade LeviesIn a post on Truth Social, President Trump said these tariffs on Algeria will kick in from August 1 and will cover all goods imported from the country.
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India Today on MSNTrump's tariff letters to 6 more nations: Iraq, Algeria face 30%, Philippines 20%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.
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Hespress on MSNTrump slaps 30% tariff on Algeria amid trade on seven other countriesUS President Donald Trump announced new tariffs on eight countries, Brazil, Sri Lanka, Algeria, Brunei, Iraq, Libya, Moldova, and the Philippines, via Truth Social on Wednesday. These tariffs, replacing a 10% baseline rate set during a 90-day negotiation window,
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NDTV Profit on MSNTrump Levies 50% Tariffs On Brazil; New Letters Issued To Iraq, Libya, Sri Lanka, Others — Key HighlightsTrump announced a 20% levy on the Phillippines, as per his latest Truth Social post. Laos: 40%. Myanmar: 40%. Thailand: 36%. Cambodia: 36%. Bangladesh: 35%. Serbia: 35%.
It shows that personal grudges rather than simple economics are a driving force in the U.S. leader’s use of tariffs.
2don MSN
The latest unilateral actions were 20 per cent tariffs on the Philippines, 25 per cent on Moldova and Brunei, and 30 per cent on Iraq, Algeria and Libya, effective August 1. These, the letters added, are separate from any sectoral tariffs that may be imposed later.
President Donald Trump has intensified his trade agenda, announcing tariff letters sent to seven nations—Sri Lanka, Algeria, Iraq, Libya, Philippines, Moldova, and Brunei—promising levies up to 30 per cent starting 1 August unless trade deals are secured.
From Iraq to Algeria, Trump’s looming tariffs could target 4 MENA countries The United States has a trade deficit with Iraq, Algeria, Libya and Tunisia, according to the US government, prompting the president to send them letters warning of new tariffs.
3don MSN
For four countries, the tariff rates announced Wednesday are below their April 2 levels, while three countries will see an increase — with Brazil hit hard, in particular.
President Donald Trump has launched a fresh assault on global trading partners with Canada likely to be among the worst hit.