US President Donald Trump sent a new series of letters today to a group of six countries informing them of additional tariffs that will be applied to their products entering the United States (US).
The letters were sent to Algeria, the Sultanate of Brunei, Iraq, Libya, Moldova and the Philippines.
Algerian, Libyan and Iraqi products are expected to be taxed at around 30 percent, while those from Moldova and Brunei will be taxed at 25 percent, and those from the Philippines at 20 percent.
On Monday, the US president began sending letters to countries with a trade surplus with the US, informing them of the tariff measures.
On Tuesday, Trump announced tariffs of 35 percent on imports from Serbia and 30 percent on imports from Bosnia and Herzegovina.
The US will begin imposing higher tariffs on imports from several countries on August 1, marking a new phase in the trade war that Trump launched in April.
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