Latest threats heighten fears that the president’s erratic trade strategy risks exacerbating inflation across the US
Donald Trump continued to fire off letters threatening steep US tariffs on foreign exports, targeting countries including Brunei, Libya and Moldova.
The US president had been scheduled to hike tariffs on dozens of countries on Wednesday. Earlier this week he announced a fresh three-week delay, to 1 August, but started announcing new rates that countries would face unless they strike a deal with the White House.
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