BlockNews
FOLLOW ON X
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • SUI
    • CHAINLINK
    • LITECOIN
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • OPINION
No Result
View All Result
BlockNews
Home FINANCE

President Trump Sends More Letters to Nations Around the World Revealing Elevated Tariff Rates

Michael Juanico by Michael Juanico
July 9, 2025
in FINANCE, OPINION, POLITICS
Share on XShare in TelegramShare on Reddit
  • Trump sent tariff letters to six new countries, adding to 14 already notified earlier this week.
  • Tariffs ranging from 20% to 40% are set to take effect August 1 with no planned extensions.
  • The White House says adjustments might be possible based on individual country relations.

President Donald Trump has escalated his aggressive trade policy by sending letters to six additional countries—Philippines, Brunei, Moldova, Algeria, Iraq, and Libya—informing them of upcoming U.S. tariffs on their exports. These letters were shared publicly via Truth Social and mark the continuation of his “reciprocal tariffs” campaign, set to go into effect on August 1.

JUST IN: 🇺🇸 President Trump announces new tariffs for the following countries:

• 🇲🇲 40% on Myanmar
• 🇱🇦 40% on Laos
• 🇹🇭 36% on Thailand
• 🇰🇭 36% on Cambodia
• 🇧🇩 35% on Bangladesh
• 🇷🇸 35% on Serbia
• 🇮🇩 32% on Indonesia
• 🇩🇿 30% on Algeria
• 🇮🇶 30% on Iraq
• 🇱🇾 30%… pic.twitter.com/7PqWQ7yohX

— BlockNews (@blocknewsdotcom) July 9, 2025

Over a Dozen Countries Already Targeted

This new round of tariffs follows letters sent earlier this week to 14 nations, including Japan, South Korea, Indonesia, Bangladesh, and South Africa. Each letter outlines steep duties ranging from 20% to 40%, echoing Trump’s “liberation day” tariff framework from April 2 that established a 10% global baseline with much higher rates for certain countries.

Tariff Rates May Shift Based on Relationships

Though the letters uniformly impose stiff new levies, they include a caveat: the U.S. might consider adjusting rates depending on its diplomatic relationship with each country. Trump’s stated aim is to realign what he sees as unbalanced trade practices, and he is openly using tariffs as a tool to force renegotiation and policy shifts abroad.

Donald J. Trump Truth Social 07.09.25 11:36 AM EST pic.twitter.com/ljP6D7ytSx

— Commentary Donald J. Trump Posts From Truth Social (@TrumpDailyPosts) July 9, 2025

Deadline Set: No Extensions Past August 1

While Trump had previously paused the April tariff plan for 90 days, he has now set August 1 as the firm start date for these new duties. In a Truth Social post Tuesday, he reinforced that the date is non-negotiable, declaring, “No extensions will be granted.” The official delay was formalized through an executive order on Monday.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: Donald Trumpliberation dayreciprocal tariffsTruth Social
Tweet1ShareShare
Michael Juanico

Michael Juanico

Michael is a BSBA Management graduate from Mindanao State University and has been a professional content writer since 2019. He began exploring cryptocurrency in 2021 and has since made blockchain and digital assets his primary focus. For nearly four years, Michael has contributed research and editorial content at Aiur Labs and BlockNews, producing clear and accessible coverage of market trends, trading strategies, and project developments. He is transparent about his personal holdings in Bitcoin, TRON, and select meme tokens, combining writing expertise with hands-on market experience to deliver trustworthy insights to readers.

DON'T MISS THESE! HOT OFF THE PRESS

Why Crypto Is Boycotting JPMorgan: JRNY Crypto Breaks Down What Really Happened
BITCOIN

Why Crypto Is Boycotting JPMorgan: JRNY Crypto Breaks Down What Really Happened

November 24, 2025
TON Surges 8% as Telegram’s Blockchain Hits Major Milestones — Here Is What’s Driving the Rally
CRYPTO

TON Surges 8% as Telegram’s Blockchain Hits Major Milestones — Here Is What’s Driving the Rally

November 24, 2025
Cardano and Dogecoin Gear Up for December — Here Is Whether the Market’s Next Breakout Is Finally Coming
BITCOIN

Cardano and Dogecoin Gear Up for December — Here Is Whether the Market’s Next Breakout Is Finally Coming

November 24, 2025
BNB Rebounds Above $860 After Sharp Breakdown — Here Is What Traders Are Watching Next
BINANCE BNB

BNB Rebounds Above $860 After Sharp Breakdown — Here Is What Traders Are Watching Next

November 24, 2025
Trump Says He Had a “Very Good” Call With Xi Jinping — Here Is Why It Matters for Markets and Diplomacy
OPINION

Trump Says He Had a “Very Good” Call With Xi Jinping — Here Is Why It Matters for Markets and Diplomacy

November 24, 2025
XRP and Dogecoin ETFs Go Live on NYSE Arca — Here Is Why These Launches Matter
CRYPTO

XRP and Dogecoin ETFs Go Live on NYSE Arca — Here Is Why These Launches Matter

November 24, 2025
Load More

Related News

Why Crypto Is Boycotting JPMorgan: JRNY Crypto Breaks Down What Really Happened

Why Crypto Is Boycotting JPMorgan: JRNY Crypto Breaks Down What Really Happened

November 24, 2025
TON Surges 8% as Telegram’s Blockchain Hits Major Milestones — Here Is What’s Driving the Rally

TON Surges 8% as Telegram’s Blockchain Hits Major Milestones — Here Is What’s Driving the Rally

November 24, 2025
Cardano and Dogecoin Gear Up for December — Here Is Whether the Market’s Next Breakout Is Finally Coming

Cardano and Dogecoin Gear Up for December — Here Is Whether the Market’s Next Breakout Is Finally Coming

November 24, 2025
BNB Rebounds Above $860 After Sharp Breakdown — Here Is What Traders Are Watching Next

BNB Rebounds Above $860 After Sharp Breakdown — Here Is What Traders Are Watching Next

November 24, 2025
Trump Says He Had a “Very Good” Call With Xi Jinping — Here Is Why It Matters for Markets and Diplomacy

Trump Says He Had a “Very Good” Call With Xi Jinping — Here Is Why It Matters for Markets and Diplomacy

November 24, 2025
Twitter Telegram Threads

BLOCKNEWS.COM

BlockNews is your premier source for real-time cryptocurrency, blockchain, political and financial market news.

Stay ahead of the herd with BlockNews

RESOURCES

  • About Us
  • Contact Us
  • Editorial Policies
  • Terms and Conditions
  • Privacy Policy
  • Sitemap

DISCLOSURES AND POLICIES

BlockNews provides independent reporting on crypto, blockchain, and digital finance. Content is for informational purposes only and does not constitute financial advice. Sponsored material is always disclosed. By using this site, you agree to our Terms and Conditions and Privacy Policy.

© 2025 BlockNews

No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO
    • ETHEREUM
    • RIPPLE XRP
    • SOLANA
    • CARDANO
    • BINANCE BNB
    • DOGECOIN
    • TRON
    • LITECOIN
    • CHAINLINK
    • SUI
  • MEMECOINS
  • POLITICS
  • FINANCE
  • NFT
  • DEFI
  • GUIDES

© 2025 BlockNews