4:54 PM · 9 July 2025

BREAKING: Donald Trump announces new tariffs on the Truth Social📌USDIDX reacts

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

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Oil declines under the weight of inventories

Economic reports

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