From launching 25% duties on Mexican goods in February to unveiling a 50% levy on imported copper on Monday, U.S. President Donald Trump has fired off a rapid-fire series of tariff moves that has jolted financial markets and unsettled global supply chains.
The latest step — a promise on Monday to slap 50% tariffs on copper and soon tax semiconductors and medicines — crowns nearly 30 separate tariff actions since Mr Trump was sworn in on 20 January. The flurry has widened to cover allies and rivals alike, prompting court challenges, hurried exemptions and emergency trade talks.
Economists at the Peterson Institute for International Economics say the measures now touch more than 70% of U.S. merchandise imports, a reach unmatched since the 1930 Smoot-Hawley Act. Wall Street has swung sharply in response, with about $3 trillion wiped from global share values on 9 April after a surprise blanket 10% duty on almost all imports.
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Washington has meanwhile struck a limited accord with Britain and a 90-day tariff truce with China, yet threats of 25–40% duties loom against 14 other nations from Japan to Serbia after 1 August.
Foreign governments have warned the campaign risks fragmenting global commerce. The European Commission says a straight 50% U.S. tariff on EU goods would imperil trade flows worth more than $850 billion a year. Beijing has accused Washington of “weaponising” tariffs, while Mexico and Canada argue the measures breach the revised North American trade pact.
Analysts expect fresh legal battles and retaliatory steps. “The scale and speed are unprecedented in modern U.S. history,” said Chad Bown of the Peterson Institute. “Even short pauses in implementation barely dent the uncertainty for companies planning cross-border investment.”
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U.S. President Donald Trump has threatened to impose 100% tariffs on imports from any country that adopts a digital services tax. The move escalated tensions with trading partners over levies that Washington argues unfairly target American technology companies.
Australia booked its place in the FIFA World Cup 2026 Round of 32 after a tense goalless draw with Paraguay. Already-eliminated Türkiye ended its campaign on a high with a dramatic 3-2 win over group winners the United States.
Burkina Faso has severed diplomatic relations with France, widening a years-long rupture with its former colonial ruler and marking the latest diplomatic break between France and military-led governments in the Sahel.
The United States has seized nearly 400 internet domains accused of illegally streaming World Cup matches, in what officials described as a major effort to disrupt international piracy networks profiting from the tournament’s global popularity.
As Western Europe battles a deadly heatwave that has shattered temperature records, disrupted transport and power supplies, and forced the closure of schools and cultural landmarks, attention is turning to whether El Niño is playing a role in the extreme conditions.
The U.S. Senate rejected a resolution on Wednesday that would have directed President Donald Trump to remove U.S. forces from hostilities against Iran unless Congress formally authorised military action.
The Kremlin has denied a Wall Street Journal report claiming Moscow is pressuring Belarus to support an expanded Russian military campaign in Ukraine.
Tens of thousands of people are still unaccounted for after two powerful earthquakes struck Venezuela. At least 589 people have been confirmed dead and hundreds are believed to be trapped under rubble, as emergency crews and international rescue teams race to respond.
ANEWZ can exclusively report that European Commission President Ursula von der Leyen is expected to visit Azerbaijan on 1 July.
Germany and Poland are bracing for sweltering conditions as a deadly heatwave that has gripped Western Europe moves east, with temperatures expected to approach 40C over the weekend.
Washington and Tehran accuse each other of breaching last week’s ceasefire as tensions rise around the key shipping route.
Rescue teams and residents in Venezuela are continuing to search for survivors after twin earthquakes killed more than 900 people and left thousands injured.
Burkina Faso has severed diplomatic relations with France, widening a years-long rupture with its former colonial ruler and marking the latest diplomatic break between France and military-led governments in the Sahel.
Sweden discriminated against vulnerable European Union migrants, many of them from the Roma community, by denying them equal access to healthcare, the European Committee of Social Rights has ruled.
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