Odaily Planet Daily News - On July 9, local time, U.S. President Trump successively published letters to the leaders of 8 countries regarding the increase of tariffs on the social media platform "Truth Social", including: Brazil, the Philippines, Brunei, Moldova, Algeria, Iraq, Libya, and Sri Lanka. Among them, Trump stated that a 50% tariff will be imposed on Brazil, while Libya, Iraq, Algeria, and Sri Lanka will be subjected to a 30% tariff; the tax rate for Brunei and Moldova is 25%, and the tax rate for the Philippines is 20%. The new tax rates will take effect from August 1. Trump has sent tariff letters to 22 countries.