Donald Trump fires new tariff salvo! Letters to more countries launched; Iraq, Philippines & others to face up to 30% duties – check list

Donald Trump tariffs (AI picture)

US President Donald Trump on Wednesday issued a recent set of tariff letters to countries warning them of reciprocal duties from August 1, 2025. Trump had earlier mentioned that he could be issuing tariff letters for seven more countries right this moment. Earlier this eek, he had launched letters for 14 countries, informing them of the tariff charges that can be imposed on them.The new set of tariffs launched by Trump right this moment are for Philippines (20%), Brunei (25%), Moldova (25%), Algeria (30%), Libya (30%), Iraq (30%). “We can be releasing a minimal of seven Countries having to do with commerce, tomorrow morning, with a further variety of Countries being launched within the afternoon. Thank you to your consideration to this matter!,” Trump had posted on social media platform Truth Social earlier.The letters signal a departure from his self-declared April 2 “Liberation Day” gathering at the White House, where he displayed posterboards showing rates, triggering a temporary market collapse and the 90-day discussion period with initial 10% tariffs. Rather than visual presentations, Trump opted to dispatch formal letters containing irregular capitalisation, unconventional punctuation and formatting inconsistencies.“It’s a greater method,” Trump said of his letters. “It’s a more highly effective method. And we ship them a letter. You learn the letter. I feel it was nicely crafted. And, principally it is just a bit quantity in there: You’ll pay 25%, 35%. We have a few of at 60, 70.”This story is being up to date.