Trump Shares More Letters Declaring Tariff Rates for Countries -- WSJ-To The Moon - Tiger Brokers Online Investing Community - To The Moon

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Trump Shares More Letters Declaring Tariff Rates for Countries -- WSJ

Dow Jones07-08

By Brian Schwartz

President Trump on Monday shared a half a dozen new letters informing countries of their new tariff rates, which will go into effect on Aug. 1.

The letters, published on Truth Social, say that the U.S. will be enacting anywhere from 25% to 40% tariffs on a range of countries. Laos and Myanmar, for instance, will get hit with a 40% tariff starting on Aug. 1. Kazakhstan and Malaysia, on the other hand, will see each see a 25% tariff.

Trump earlier on Monday published letters to Japan and South Korea that say he plans to put into effect 25% tariffs on their products coming into the United States. The letters say the countries will be allowed to continue to negotiate with the U.S., with Trump keeping open the possibility of either raising or dropping the tariff rates by the end of July.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

July 07, 2025 14:38 ET (18:38 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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