President Trump has issued new tariff letters to six more countries—Philippines, Brunei, Moldova, Algeria, Iraq, and Libya—via Truth Social, with 20–30% duties set to begin August 1. This follows his April plan to reset global trade, which was paused for 90 days. Trump warns rates may shift depending on diplomatic ties. With only two deals struck so far, the unilateral tariff campaign risks global retaliation and further disruption to supply chains amid rising trade tensions.
#TrumpTariffs #TradeWar #BreakingNews #TariffShock #GlobalTrade #AmericaFirst #TrumpTradePolicy #SupplyChainCrisis #TariffUpdate #TradeTensions #TruthSocial #Iraq #Libya #Algeria #Brunei #Philippines #Moldova #USForeignPolicy #GlobalMarkets #EconomicPolicy #Trump2025 #TariffLetter #August1Deadline #TrumpNews #TradeDisruption #RetaliationRisk #Geopolitics #UnilateralTariffs
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