According to the post of US President Trump on Truth Social, the US will impose these tariffs starting August 1.
- Will Impose 20% Tariff On PhilippinesĀ
- Will Impose 25% Tariff On BruneiĀ
- Will Impose 25% Tariff On MoldovaĀ
- Will Impose 30% Tariff On AlgeriaĀ
- Will Impose 30% Tariff On IraqĀ
- Will Impose 30% Tariff On Libya
The USDIDX (futures on US Dollar index) slightly gains after the announcement, however the market reaction is very muted.
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Source: xStation5
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