Trump Administration Expands Tariffs, Targets Six More Countries

President Donald Trump announced a fresh wave of tariffs targeting six countries: Algeria, Iraq, Libya, Sri Lanka, Brunei, and the Philippines. According to reports, these tariffs slap 30% duties on Algeria, Iraq, Libya, and Sri Lanka, 25% on Brunei and Moldova, and 20% on the Philippines. This move comes on the heels of tariffs already imposed on 14 other nations, including Japan, South Korea, and Myanmar, with rates ranging from 25% to a hefty 40%.

Speaking about the trade measures, Trump said, “We’re putting out a list of at least seven countries tied to trade tomorrow morning, with more to come in the afternoon.”

The earlier round of tariffs hit countries like Myanmar and Laos hardest with 40% levies, while South Africa faces a 30% duty. Other nations, such as Tunisia, Bangladesh, and Thailand, are dealing with tariffs between 25% and 36%.

• Trump Imposes New Tariffs on 6 Nations, Signals Trade Deal with EU Ahead
• Trump’s 2025 Tariff Wave Targets Algeria, Iraq, Sri Lanka; Eyes EU Agreement
• Fresh U.S. Tariffs Under Trump Hit Asia and Africa as EU Trade Talks Loom

Analysts point out that Asian countries have been a major focus of Trump’s trade policies, aimed at leveling the playing field for American businesses. But the spotlight is now on the European Union, which hasn’t yet received a new tariff notice. On Tuesday, Trump hinted that a letter to the EU is just days away, adding, “They’ve been tough, but they’re starting to play nice.” An EU spokesperson said Wednesday that the bloc is eager to strike a deal with the U.S. soon, signaling openness to a preliminary agreement.

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So far, the U.S. has inked trade deals with Britain and Vietnam and reached a temporary truce with China to ease tit-for-tat tariffs. With pressure building to finalize more agreements, Trump’s tariff push is a bold bid to protect U.S. industries. However, it risks straining ties with allies and hiking prices for American consumers. As talks with the EU and others heat up, the world is watching to see how this trade shake-up plays out.