US President Donald Trump on Wednesday issued a fresh set of tariff letters to countries warning them of reciprocal duties from August 1, 2025. Trump had earlier said that he would be issuing tariff letters for seven more countries today. Earlier this eek, he had released letters for 14 countries, informing them of the tariff rates that will be imposed on them.The new set of tariffs released by Trump today are for Philippines (20%), Brunei (25%), Moldova (25%), Algeria (30%), Libya (30%), Iraq (30%). “We will be releasing a minimum of 7 Countries having to do with trade, tomorrow morning, with an additional number of Countries being released in the afternoon. Thank you for your attention 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 better way,” Trump said of his letters. “It’s a more powerful way. And we send them a letter. You read the letter. I think it was well crafted. And, mostly it’s just a little number in there: You’ll pay 25%, 35%. We have some of at 60, 70.”This story is being updated.
