Trump threatens more countries with tariffs as high as 30%

[BumRushDaShow]

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

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Article updated.

Original article -

Updated 12:22 PM EDT, Wed July 9, 2025


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.

[sop]

1. I'm experiencing some TACO Trump deja vu.

He must need to manipulate the markets again.

[Eugene]

2. Libya?!?! They export oil to the US, and as a war-torn country, they likely can't buy all that much.

[kimbutgar]

3. I think the international world looks at the USA with disdain and is ignoring the taco Hitler and doing trade deals with

Themselves. The US is a pariah nation and not to be trusted anymore!

[LudwigPastorius]

4. "Philippines, Sri Lanka, Moldova, Brunei, Algeria, Libya and Iraq"

Couldn't he find some more penguins somewhere to threaten?

[Marthe48]

5. He's not threatening other countries

He's threatening us. The threats are going to weaken our economy, not other places. Our products are going to rot, or become obsolete, not others'. putin is rubbing his scummy hands together with glee, as krasnov a.k.a. traitor felon reduces our country to rubble.

[OverBurn]

6. There goes my stocks, again. What a beautiful trajectory they were on under Biden.