The U.S. will begin applying increased tariff rates from 1 August, according to Commerce Secretary Howard Lutnick.
He said President Donald Trump is currently finalising the specific rates and agreements.
Earlier this year, the U.S. introduced reciprocal tariffs on most trading partners but paused them for 90 days starting 9 April to allow negotiations.
With the deadline approaching, talks are ongoing as countries try to secure better trade terms with the U.S.
When asked about the timing of tariff changes, Trump confirmed the new tariffs will go ahead and expects most countries to have deals or letters finalised by 9 July.
Last week, Trump said he plans to send letters to countries outlining their individual tariff rates.
At least 11 people were killed in Israeli strikes on southern Lebanon on Saturday, among the deadliest since a June ceasefire. Meanwhile, Qatar den...
As the countries of the Turkic world seek deeper economic integration, the Turkic Investment Fund (TIF) is posi...
U.S. President Donald Trump's threats to make the Strait of Hormuz part of U.S. territory have been mocked by Iran's Deputy Foreign Ministe...
Hundreds of flights have been cancelled or rerouted at Catania Airport over the past week as ash from Mount Etna’s ongoing eruption continues to disrupt air travel in Sicily.
Wildfires across England and Wales have reached their highest level on record, according to the National Fire Chiefs Council, as firefighters struggle to contain outbreaks following a spell of extreme heat.
The U.S. will impose unprecedented measures on Iran in order to economically isolate the country, U.S. Treasury Secretary Scott Bessent has said.
U.S. President Donald Trump's threats to make the Strait of Hormuz part of U.S. territory have been mocked by Iran's Deputy Foreign Minister, Kazem Gharibabadi, who said the sea passage "cannot be seized by tweet."
At least 47 people have been killed after a magnitude 7.7 earthquake struck off eastern Indonesia early on Saturday, triggering small tsunami waves and dozens of aftershocks, officials say.
Russian President Vladimir Putin has praised deepening ties with North Korea, saying Moscow and Pyongyang are coordinating their efforts to ensure “regional security and stability”.
Russia and Ukraine traded large-scale overnight attacks targeting energy, industrial and military facilities on Saturday, with a three-month-old baby killed and 11 people injured in a Russian drone strike on a residential building in Ukraine’s Dnipropetrovsk region.
At least 47 people have been killed after a magnitude 7.7 earthquake struck off eastern Indonesia early on Saturday, triggering small tsunami waves and dozens of aftershocks, officials say.
Jason Arday, the former University of Cambridge professor at the centre of a plagiarism row, has been found dead. He was appointed Cambridge's youngest ever Black professor in 2023, but quit on 5 August, after being accused of lifting passages from his PhD from the work of other academics.
Wildfires across England and Wales have reached their highest level on record, according to the National Fire Chiefs Council, as firefighters struggle to contain outbreaks following a spell of extreme heat.
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