Trump fired off another round of tariff threats Wednesday, targeting seven more nations with punishing trade penalties. The commander-in-chief delivered his latest economic ultimatum to Philippines, Sri Lanka, Brunei, Algeria, Libya, Iraq and Moldova leaders. Each country faces duties between 20 and 30 percent starting August 1 unless they cave to American demands. The White House strongman tweaked some rates from his April announcement while keeping others exactly the same. Sri Lanka caught a break with tariffs sliding from 44 percent down to 30 percent.
Iraq also saw relief as their penalty dropped from 39 percent to 30 percent on the updated hit list. Philippines got hammered harder with rates climbing from 17 percent up to 20...