Iraq, Donald Trump and Philippines
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NDTV Profit on MSNTrump Tariffs LIVE: 50% Levy On Brazil; New Letters Issued To Iraq, Libya, Sri Lanka, OthersTrump announced a 20% levy on the Phillippines, as per his latest Truth Social post. Laos: 40%. Myanmar: 40%. Thailand: 36%. Cambodia: 36%. Bangladesh: 35%. Serbia: 35%.
Explore our tariff tracker to see the latest rates for Brazil and seven other nations impacted by Trump's new trade policies.
1don MSN
The latest unilateral actions were 20 per cent tariffs on the Philippines, 25 per cent on Moldova and Brunei, and 30 per cent on Iraq, Algeria and Libya, effective August 1. These, the letters added, are separate from any sectoral tariffs that may be imposed later.
It shows that personal grudges rather than simple economics are a driving force in the U.S. leader’s use of tariffs.
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Arabian Gulf Business Insight on MSNIraq’s 2025 budget stymied by tariffs and conflictIraq is still haggling over its 2025 budget, more than six months after it was supposed to take effect. The delay is due to oil price fluctuations caused by US president Donald Trump’s planned increase in import tariffs and the recent Iran-Israel conflict.