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International Business Times UK
International Business Times UK
World
Rohit David

You Won't Be Disappointed': Trump Warns Seven Nations Of Tariffs Up To 30% Unless Deal Is Made By August 1

Trump warns Sri Lanka, Iraq, and others of tariffs up to 30% unless deals are made. Will this spark a trade war? (Credit: Donald Trump X Account Profile Photo)

President Donald Trump has intensified his trade agenda, announcing tariff letters sent to seven nations—Sri Lanka, Algeria, Iraq, Libya, Philippines, Moldova, and Brunei—promising levies up to 30 per cent starting 1 August unless trade deals are secured.

In a Truth Social post, Trump declared on 9 July: 'TARIFFS WILL START BEING PAID ON AUGUST 1, 2025', emphasising no extensions.

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