U.S. President Donald Trump announced on social media that he issued tariff letters to Algeria, Brunei, Iraq, Libya, Moldova and the Philippines.
BreakdownGenerated by LeadStory AI
- President Trump sent tariff letters to six more countries, including Algeria and the Philippines. 4s
- The new tariffs range from 20 to 30 percent, similar to previous announcements. 9s
- This action brings the total number of countries receiving tariff letters to 20. 30s
- Iraq's tariff rate was set at 30 percent, which is lower than previously proposed. 1m 11s
- The letters allow for negotiation if countries reduce trade barriers and open their markets to U.S. goods. 1m 27s
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Global Tariffs
Donald Trump has signed an order to impose tariffs imports into the U.S. from countries including China, Mexico and Canada.