Headlines
Trump issues tariff letters to seven countries
Published by Global Banking & Finance Review®
Posted on July 9, 2025
1 min readLast updated: January 23, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on July 9, 2025
1 min readLast updated: January 23, 2026
Trump issues tariff letters to seven countries, imposing tariffs up to 30%. Affected nations include Algeria, Iraq, and the Philippines.
WASHINGTON (Reuters) -U.S. President Donald Trump on Wednesday issued a round of tariff letters to seven countries, including Algeria, Iraq, Libya, Sri Lanka and the Philippines.
The letters call for tariffs of 30% each on Algeria, Iraq, Libya and Sri Lanka, 25% each on Brunei and Moldova, and 20% on the Philippines.
(Reporting by Ryan Patrick Jones; writing by Susan Heavey; editing by Bhargav Acharya an Franklin Paul)
The countries that received tariff letters include Algeria, Iraq, Libya, Sri Lanka, Brunei, Moldova, and the Philippines.
The proposed tariffs are 30% for Algeria, Iraq, Libya, and Sri Lanka; 25% for Brunei and Moldova; and 20% for the Philippines.
The article was reported by Ryan Patrick Jones and written by Susan Heavey, with editing by Bhargav Acharya and Franklin Paul.
Explore more articles in the Headlines category
