President Donald Trump, accompanied by U.S. Secretary of State Marco Rubio (L) and U.S. Defense Secretary Pete Hegseth (R), discusses his decorating of the Cabinet Room during a furniture gathering astatine the White House connected July 08, 2025 successful Washington, DC.
Andrew Harnik | Getty Images
President Donald Trump connected Wednesday sent letters dictating caller U.S. tariff rates connected astatine slightest 7 much countries' imports, leaning into his aggressive attack to resetting America's planetary trade relationships.
The latest letters, revealed by Trump via Truth Social screenshots, were sent to the leaders of the Philippines, Brunei, Moldova, Algeria, Iraq, Libya and Sri Lanka.
Trump had teased the announcement Tuesday evening, penning connected societal media that helium "will beryllium releasing a minimum of 7 Countries" connected Wednesday greeting and an "additional fig of Countries" successful the afternoon.
The caller circular comes 2 days aft Trump archetypal shared letters telling 14 countries' leaders that their exports to the U.S. would look steep caller tariffs starting Aug. 1.
The astir identical two-page letters signed by Trump connected Monday were sent to Japan, South Korea, Malaysia, Kazakhstan, South Africa, Laos, Myanmar, Bosnia and Herzegovina, Tunisia, Indonesia, Bangladesh, Serbia, Cambodia and Thailand.
The tariff rates for the 21 countries targeted truthful acold scope from 20% to 40%. The letters enactment that the U.S. volition "perhaps" see adjusting the caller tariff levels, "depending connected our narration with your Country."
The letters each accidental that the tariffs are "far little than what is needed to destruct the Trade Deficit disparity we person with your country." Trump often claims that commercialized deficits amusement the U.S. is being taken vantage of, though galore experts disagree.
A fig of the countries that person received letters truthful acold are comparatively insignificant U.S. trading partners. And portion the U.S. has commercialized deficits with each of them, immoderate of those gaps are minuscule.
For instance, America's commercialized shortage with Moldova successful 2024 totaled conscionable $85 million, according to U.S. data.
Many of the caller rates are adjacent to what Trump had imposed arsenic portion of his "liberation day" tariff rollout connected April 2, which acceptable a 10% baseline levy for astir each countries connected world and slapped overmuch higher duties connected dozens of idiosyncratic nations.
Read much CNBC authorities coverage
That announcement sparked a week of turmoil successful planetary trading markets, which lone ended erstwhile Trump abruptly said helium would intermission those higher rates for 90 days.
That reprieve was acceptable to expire Wednesday. But connected Monday, Trump signed an enforcement bid delaying the tariff deadline until Aug. 1.
In different post earlier Tuesday, Trump asserted that "there volition beryllium nary change" to the August commencement date.
"No extensions volition beryllium granted," helium said.
This is processing news. Please cheque backmost for updates.
English (US) ·