Trump has announced the latest tariff rates for 22 countries, with Brazil at the top with 50%

On Wednesday, local time, US President Trump announced new US tariff rates on imports from at least eight other countries.

Trump disclosed the latest trade letters through Truth Social, including the Philippines, Brunei, Moldova, Algeria, Iraq, Libya and Sri Lanka.

Trump had previewed the announcement on Tuesday night, writing on social media that he would "announce at least seven countries (trade letters)" on Wednesday morning and "some more" in the afternoon.

He then announced a 50% tariff on Brazilian goods exported to the United States. In response, Geraldo Alckmin, Brazil's vice president and minister of development, industry, trade and services, said on the same day that Trump's announcement of new tariffs on Brazilian goods was unfair.

Two days have passed since Trump's first public letter, and a new round of tariff actions. Previously, he announced that 14 countries would face new tariffs on their exports to the United States from August 1. (Including: Japan, South Korea, Malaysia, Kazakhstan, South Africa, Laos, Myanmar, Bosnia and Herzegovina, Tunisia, Indonesia, Bangladesh, Serbia, Cambodia and Thailand.)

As of press time, the tariff rates of the 22 countries involved in the trade letter released by Trump range from 20% to 50%. The letter mentioned that the United States "may" consider adjusting the new tariff level, "depending on our relationship with your country."

Note: Brazil is not included in the figure for the time being Note: Brazil is not included in the figure for the time being

Many countries that have received letters are relatively minor trading partners of the United States. Moreover, some of them have very small deficits. For example, according to US data, the total trade deficit between the United States and Moldova in 2024 was only US$85 million.

Many of the new tariffs are similar to the rates set by Trump when the "Liberation Day" tariffs were introduced on April 2.

On Monday local time, Trump signed an executive order to postpone the suspension of tariffs until August 1. In another post earlier on Tuesday, Trump insisted the August start date "will not change" and he said "no extensions will be granted."