US EditionSoCal Business Leaders Brace for More Fallout From Trump Tariffs
UNITED STATES, JUL 9 – President Trump issued tariff letters to six countries with rates from 20% to 30% effective August 1 as part of efforts to balance trade and encourage negotiations, officials said.
- US President Donald Trump sent letters outlining tariff rates for six countries, with rates ranging from 20 to 30 percent effective August 1.
- Twenty countries, including Japan and South Korea, have received Trump's tariff letters, aiming to negotiate better trade terms.
- Trump stated that the US might reconsider its trade stance if other countries change their policies; however, agreements with major partners like the EU are still pending.
- The Trump administration has introduced new tariffs on additional sectors, including proposed rates of 50 percent on copper and up to 200 percent on pharmaceuticals.
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Philippine exports to America face 20% Trump tariff
WASHINGTON, United States — US President Donald Trump released a fresh set of letters to trading partners Wednesday, setting out tariff rates for six countries as Washington pushes to bring about a flurry of trade deals. The letters, addressed to leaders of the Philippines, Brunei, Algeria, Libya, Iraq and Moldova, spelled out duties ranging from
·Manila, Philippines
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Leaning Left9Leaning Right3Center12Last UpdatedBias Distribution50% Center
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50% Center
L 38%
C 50%
13%
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