U.S. President Donald Trump has launched a sweeping tariff campaign since returning to office in January, targeting major economies and disrupting global trade flows.
Since his inauguration on 20 January 2025, President Trump has imposed a succession of trade tariffs on countries including China, Mexico, Canada, the European Union and several Asian economies.
The campaign began with a 25 % duty on most imports from Mexico and Canada, and 10 % on Chinese goods, citing the need to curb illegal immigration and fentanyl flows. It quickly escalated to blanket 10 % tariffs on almost all imports and more punitive measures on specific sectors.
By March, steel and aluminium tariffs were raised to 25 %, and car imports were targeted with a further 25 % levy.
Chinese goods faced a peak combined tariff rate of 145 %, after a series of cumulative hikes. Apple Inc was warned of a 25 % tariff on devices made outside the U.S.
Although Trump paused some country-specific tariffs in April after global market turmoil, the baseline 10 % duty remained.
Limited truce deals followed—one with the UK in May and another with China that temporarily eased some duties for 90 days.
In July, Trump expanded the tariff front, announcing levies of up to 40 % on countries aligned with BRICS policies, and targeting Vietnam, Indonesia, and Canada.
A 15 % tariff agreement with Japan spared it from further penalties.
The most recent development came on 27 July, when Washington and Brussels agreed to a trade deal that applies a 15 % duty on most European Union imports.
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Uzbekistan’s Department for Combating Economic Crimes says it has uncovered a large-scale fraud and corruption scheme linked to labour migration to South Korea, with estimated damages reaching $90 million.
Russia and Ukraine exchanged prisoners of war as well as the bodies of fallen soldiers, on Friday (15 May). The swap came as Ukranian officials said Moscow had carried out its largest aerial attack over 48 hours since the conflict started.
Iran’s Parliamentary Speaker Mohammad Bagher Ghalibaf warned that the U.S. military blockade of Iran’s southern ports could trigger a new global financial crisis as the Tehran-Washington standoff around the strategic Strait of Hormuz persists.
Iran’s Foreign Minister Abbas Araghchi said Tehran has “no trust” in the United States and will only consider negotiations if Washington shows seriousness. His remarks came as talks on Iran’s nuclear programme continued, with Trump and Xi also opposing Iran acquiring nuclear weapons.
The U.S.-Israeli war with Iran loomed over U.S. President Donald Trump's visit to China, as signs emerged that the conflict is causing a shift in alliances across the Middle East.
Thousands of fans turned out in Iran's capital Tehran for a massive farewell ceremony on Wednesday night for their national football team, wishing them success before their departure for the World Cup 2026 matches co-hosted by the United States and Mexico.
Ukraine has stepped up attacks on Russian energy facilities in recent months, amid stalled progress in peace negotiations. The strikes have targeted refineries, processing plants, pipelines and export infrastructure, causing repeated disruptions across Russia’s energy sector.
Negotiations between Samsung Electronics and its workforce on Wednesday have broken down, officials said, raising fresh concerns over potential disruption to South Korea’s export-heavy economy.
China has launched the world’s first experiment to study how artificial human embryos develop in space, marking a major step in understanding whether humans could one day reproduce beyond Earth.
Every day, an elderly woman in China’s Shandong province looks forward to a video call from her son. He asks about her health, tells her he has been busy with work, and promises he will come home once he has saved enough money. She tells him she misses him. He tells her to take care of herself.
Deep in the ancient forests of southern China, researchers have discovered a small, shy snake with an extraordinary survival trick: when threatened, it creates the illusion that it has two heads.
Egyptian authorities have unveiled two restored ancient tombs in Luxor alongside a rare artefact linked to King Tutankhamun, offering visitors new insight into life and burial practices during the New Kingdom more than 3,000 years ago.
A U.S. Department of Justice official said Washington was preparing to indict former Cuban president Raúl Castro in connection with the 1996 downing of aircraft operated by "Brothers to the Rescue", a Miami-based exile group that conducted search-and-rescue flights for Cuban migrants.
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