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  • 7 months ago
Earlier today, U.S. President Donald Trump announced new tariffs of 20% to 50% on imports from eight additional countries, effective August 1.
Transcript
00:00Welcome back. Earlier today, U.S. President Donald Trump has issued a new round of tariff letters to eight additional countries.
00:08Tariffs ranging from 20% to 50% will be charged on goods imported from those countries starting August 1st.
00:17According to the letters, 30% tariffs will be imposed on Libya, Iraq, Algeria and Sri Lanka,
00:2425% on Brunei and Moldova, and 20% on the Philippines.
00:30Later in the day, Trump announced a 50% tariffs will be charged on goods from Brazil.
00:36In Trump's letter to Brazilian President Luiz Inácio Lula da Silva,
00:41he cited Brazil's attacks on free elections and Americans' free speech rights.
00:46On Monday, the Trump administration sent the first batch of tariff letters to 14 countries
00:51imposing tariffs ranging from 25% to 40%.
00:55France 418-19361-5938613-14402- Herr rinse it from the stamp.
01:07This unfolds according to his records.
01:14The furious test will takeoffs andigi tie in requiring VIDEO-1A planning to provide
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