Trump also announced new blanket import tariffs effective Aug. 1 on goods from five more countries—Tunisia, Indonesia, Bangladesh, Serbia, and Bosnia. “Tunisia will face a 25% tariff on goods imported to the U.

US President Donald Trump on Wednesday announced a fresh round of tariffs targeting seven countries -- Algeria, Brunei, Iraq, Libya, Moldova, Sri Lanka and the Philippines. Trump took to his social media platform,

President Donald Trump announced a 30% tariff rate for Iraq on Wednesday in a post on Truth Social, stating that the rate would apply to all goods sent from the country to the U.S. He added that goods transshipped to evade a higher tariff would be subject to that higher tariff.

United States President Donald Trump has issued a new round of tariff letters to eight countries, including Brazil, Sri Lanka, Algeria, Brunei, Iraq, Libya, Moldova and the Philippines.

President Trump has told roughly two dozen countries that they will face tariffs of at least 20 percent on Aug. 1 if they don’t reach agreements by then.

President Trump announced a 35% tariff on our northern neighbors of Canada, citing concerns over fentanyl entering the U.S. NBC News’ Monica Alba reports from the White House. CNBC’s Senior Analyst Ron Insana joins Alex Witt to discuss how much more the average American could be spending per year if these tariffs stay in place.

The move injects fresh turmoil into a strained bilateral relationship as Prime Minister Mark Carney negotiates a new economic partnership with the United States.