ECONOMY
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Trump Announces New Tariffs on 21 Countries in Trade Policy Push

TrueGov Editorial Team7 months ago
Trump Announces New Tariffs on 21 Countries in Trade Policy Push

Letters to foreign leaders outline import tariffs ranging from 20% to 40%

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President Donald Trump has issued letters to leaders of 21 countries announcing new tariff rates on their exports to the United States. The communications, shared by the President on Truth Social, outline tariff rates ranging from 20% to 40% on imports from these nations, scheduled to take effect August 1. The most recent batch of letters was sent to the Philippines, Brunei, Moldova, Algeria, Iraq, Libya, and Sri Lanka.

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Trump Announces New Tariffs on 21 Countries in Trade Policy Push