
President Donald Trump has released a new set of letters to six more countries about upcoming tariffs, following his earlier announcements to other nations. These letters, shared on Wednesday, outline new tax rates on imports that will start on August 1.
According to Politico, the Philippines, which sent $14.1 billion worth of goods to the U.S. last year, is the largest economy among the six countries receiving the letters, as Trump continues his controversial tariff strategy despite previous blunders with China. The other countries are Brunei, Moldova, Iraq, Algeria, and Libya.