President Donald Trump on Wednesday issued a round of tariff letters to six countries, Algeria, Brunei, Iraq, Libya, Moldova and the Philippines. 

The letters call for tariffs of 30% on Algeria, 25% on Brunei, 30% on Iraq, 30% on Libya, 25% on Moldova and 20% on the Philippines. 

President Donald Trump speaks to the media in the Press Briefing Room at the White House in Washington D.C., June 27, 2025. REUTERS/Ken Cedeno