Philippines, which has been completely following the United States, has also imposed tariffs! Trump announced tariff rates for six countries
On July 9 local time, US President Trump posted letters to Brunei, Algeria, Moldova, Iraq, the Philippines and Libya on his Truth Social social media platform.
According to Trump's letters, the US will impose a 30% import tariff on all products from Algeria, Libya and Iraq starting August 1.
Trump stated that the import tariff rate for products from Brunei and Moldova will be set at 25%.
He also announced that the US will impose a 20% tariff on goods exported to the US.
In his letter to Philippine President Ferdinand Marcos (Ferdinand "Bongbong" Marcos), Trump said: "Starting August 1, we will impose a comprehensive 20% tariff on all Philippine products entering the US, without any industry-specific tariff restrictions."
Original: https://www.toutiao.com/article/1837187869872153/
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