Trump threatens more countries with tariffs as high as 30% | CNN Business

CNN  — 

President Donald Trump sent letters to the leaders of seven more countries Wednesday, adding to the growing list of US trading partners for whom he has threatened new tariff rates.

Among the latest recipients were the Philippines, Sri Lanka, Moldova, Brunei, Algeria, Libya and Iraq, with rates going as high as 30% on goods they ship to the United States. The new tariffs go into effect August 1, pending negotiations.

Trump said Wednesday afternoon that he planned to announce his tariff level for Brazil within the next day or two. “Brazil

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