Trump Unveils New Tariff Rates for Seven Nations, Escalating Global Trade Tensions
07:19
US President Donald Trump has introduced new tariff rates for seven countries, reigniting concerns over global trade tensions. The move, outlined in letters to leaders of the Philippines, Sri Lanka, Brunei, Algeria, Libya, Iraq, and Moldova, marks another step in Trump's broader trade policy aimed at reducing the US trade deficit and pressuring foreign nations to negotiate more favorable terms.