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

4:54 PM 9 July 2025

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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