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 Philippines
- Will Impose 25% Tariff On Brunei
- Will Impose 25% Tariff On Moldova
- Will Impose 30% Tariff On Algeria
- Will Impose 30% Tariff On Iraq
- 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.
Source: xStation5
Gold hits a record, as stocks rally on earnings strength
Fed's Miran signals two more rate cuts this year and disinflationary processš½
US Open: American Indices Rally on Anticipated End of Fed Balance Sheet Reduction
Bank of America, Wells Fargo, and Morgan Stanley: Q3 2025 Earnings Overview
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr SÄ dowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
