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Trump imposes tariffs up to 30% on six more countries in trade policy push
Wall Road Journal Chief Economics Correspondent Nick Timiraos joins’ Mornings’ Mornings with Maria ‘to debate the Federal Reserve that leaves the rates of interest unchanged whereas navigating the tariff technique of President Donald Trump.
President Donald Trump introduced larger ranking charges on six nations in a stream of social media posts on Wednesday.
The ultimate spherical of Trump’s commerce bulletins included Libya, Iraq, Algeria, Moldova, Brunei and the Philippines.
The Philippines have been charged the bottom fee proportion of 20%. Brunei and Moldova have been every affected with the charges of 25%, whereas Trump imposed the charges of 30% on Algeria, Iraq and Libya.
Trump posted photographs of the letters to every nation with regard to the brand new tariff charges on his social social platform. The charges would begin on August 1.
Trump guarantees 50% fee for the import of copper

Trump has launched the letters in regards to the charges on social media. (Allison Robbert-Pool / Getty Pictures, File / Getty Pictures)
The bulletins will likely be made after Trump not too long ago mentioned that if 14 nations none commerce settlement With the US by the start of subsequent month, they may return to the degrees that have been established in April.

US President Donald Trump holds a graph of “mutual charges” whereas talking throughout a “Make America Rich Once more” Commerce Appuration occasion within the Rozentuin within the White Home on 2 April 2025, in Washington, DC. (Chip Somodevilla / Getty Pictures / Getty photographs)
In April, Trump introduced a “mutual” fee coverage, together with American charges imported from overseas, can be based mostly on the scale of the bilateral commerce deficit of America with these nations.
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Sophia Compton from Fox Information Digital, Amanda Macias and Michael Dorgan have contributed to this report.
This can be a breaking information story; Come again for updates.
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