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
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 20 percent to 30 percent that would take effect on August 1.
The tariff rate on the Philippine goods coming to America was set at 20 percent — higher than the 17 percent rate announced in April.
Similar to Trump’s first batch of documents published Monday, the tariff levels were not too far from those originally threatened in April, although some partners received notably lower rates this time.
While the president in April imposed a 10 percent levy on almost all trading partners, he unveiled — and then held off on — higher rates for dozens of economies.
The deadline for those steeper levels to take effect was meant to be Wednesday, before Trump postponed it further to August 1.
