Salem Radio Network News Thursday, February 12, 2026

Business

Trump issues tariff letters to seven countries

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WASHINGTON (Reuters) -U.S. President Donald Trump on Wednesday issued a round of tariff letters to seven countries, including Algeria, Iraq, Libya, Sri Lanka and the Philippines. 

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

(Reporting by Ryan Patrick Jones; writing by Susan Heavey; editing by Bhargav Acharya an Franklin Paul)

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