Trump, Philippines and tariff
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President Donald Trump extended his "Liberation Day" tariff pause and sent letters to trading partners announcing new tariff rates for Aug. 1.
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GMA Network on MSNTrump tariffs from 17% to 20%: Exporters to bear bruntUS President Donald Trump sent a letter to President Ferdinand “Bongbong” Marcos Jr. informing the latter that he is imposing a higher tariff rate of 20% on Philippine goods imported to America despite earlier negotiations to lower the initially announced duty of 17% in April.
President Donald Trump sent out a slew of letters Wednesday to some global trading partners, advising them of tariff levels as high as 50% for their exports to the United States.
"America will, once again, build a DOMINANT Copper Industry," Trump said in a post on his Truth Social media platform.
President Trump is again amping up his trade threats, unveiling a new batch of letters to country leaders outlining tariffs on goods imported from their countries beginning in August. Trump on Wednesday posted to social media six letters,
Sweeping tariffs set to be imposed by President Donald Trump next month may cast a pall over his top diplomat's first official trip to Asia.
Economists and investors are left guessing by President Donald Trump’s tariff agenda as he grants extensions then threatens higher tariffs in letters to trading partners. It remains to be