The US President Donald Trump presented a new round of letters on Wednesday (9/7/2025) dutieswith contributions hitting August in imported goods from partners who fail to reach agreements with the US.
Donald Trump said he would impose a 30% rate on Algeria, Libya and Iraq, with 25% tariffs on Brunei and Moldova products and 20% on products from the Philippines. The contributions were largely in line with the rates initially announced by Trump in April, although Iraq duties declined from 39%, while the Philippines increased from 17%, according to Bloomberg sources.
Trump began alerting the trade partners to the new contributors on Monday (7.7.2025), in view of the deadline this week to complete negotiations with his government and posted on social media that he was planning to publish “at least 7” letters.
Eventually, only six countries were posted on an initial storm on the Truth Social platform. The White House did not immediately respond to a request to comment on the discrepancy.
Of the six countries mentioned in Trump’s announcements so far on Wednesday, only the Philippines – who sent about $ 14.1 billion in the US last year – are among US 50s. Products usually sold in US markets include electronic items, car spare parts and textiles.
Imports from the other five states together amounted to less than $ 12 billion last year, with the Iraq – crude oil exporter – representing more than half of that amount.
So far, the latest warnings have done a few things to shake markets, with traders focusing on the overall extension of the deadline for the so -called Mutual duties by Trump for August 1st. This essentially gave commercial partners an extension of conversations and initially fueled skepticism on Wall Street that it would follow its import taxes.
Trump added to this uncertainty earlier this week, claiming that he was not “100% stable” on this new deadline for talks. Since then he has tried to signal investors and commercial partners that he is determined to carry out his threats to duties, promising on Tuesday that “all the money will be demanding and payable from August 1, 2025 – no extensions will be granted” for contributions.
The president also uploaded the stakes for two main commercial partners, saying that the European Union could receive a unilateral tariff burden soon, despite progress in the negotiations, and promised to hit India with an additional 10% contribution to its participation in the Bricks. in the world.
And it set the range of more special duties for each industry, proposing a 50% percentage for copper products, which sent this metal to New York to climb up to 17% on Tuesday, record percentage in one day. He also proposed up to 200% duties on drug imports if pharmaceutical companies do not carry their production to the US next year.
The storm of letters and new duties threats marked the last turn on a dizzying commercial agenda that caused instability in the markets and left consumers, businesses and trade partners anxious for the impact on trade flows and world economy.
Trump initially announced the so -called mutual duties on April 2, but after the markets reacted with concern, he suspended the highest duties at 10% for a 90 -day negotiations, which was to end on Wednesday, July 9th before the last extension.
Trump’s letters on Monday targeted countries such as Japan, South Korea, South Africa, Indonesia, Thailand and Cambodia. Most of the duties rates, however, were largely according to what Trump had already announced that the nations were likely to face.
While Trump has advertised the letters of notification of his duties as agreements, even the real agreements he managed to conclude during the negotiating period with the United Kingdom and Vietnam were not complete at all, leaving many details unclear. Trump also secured a truce with China to reduce duties and facilitate the flow of critical minerals of the land