President Donald Trump announced on Monday that countries without separate trade agreements with the United States could soon face tariffs ranging from 15% to 20%, a sharp increase from the general 10% rate imposed in April.
Speaking alongside UK Prime Minister Keir Starmer at his Turnberry golf resort in Scotland, Trump said the U.S. administration would soon notify around 200 countries of the new 'world tariff' rate. “It’ll probably be one of those two numbers,” he told reporters.
The move is part of Trump’s broader push to eliminate U.S. trade deficits by placing tariffs on nearly all trading partners. He has already imposed tariffs as high as 50% on some countries, including Brazil, which will take effect on Friday.
The sweeping tariff threat has triggered urgent negotiations from several nations- including India, Pakistan, Canada, and Thailand- all hoping to secure more favourable terms.
On Sunday, Trump announced a major trade agreement with the European Union featuring a 15% tariff on most EU exports, $600 billion in European investment in the U.S., and $750 billion in energy purchases over the next three years.
This followed a $550-billion deal with Japan and smaller pacts with Britain, Indonesia, and Vietnam. Negotiations continue with other nations, but with the Friday deadline approaching, chances for additional agreements are narrowing.
Trump emphasised his preference for a simplified tariff system over protracted trade talks. “We’re setting a tariff for essentially the rest of the world,” he said. “That’s what they’ll pay if they want access to the U.S. market. We can’t sit down and make 200 separate deals.”
Canadian Prime Minister Mark Carney said on Monday that talks with Washington were in an intense phase, acknowledging that Canada was still aiming to avoid the 35% tariff recently applied to some of its exports. He admitted that Canada which sends 75% of its exports to the U.S. would likely have to accept a certain level of tariffs.
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Thousands of supporters of former far-right Brazilian President Jair Bolsonaro staged protests across several cities on Sunday, days ahead of the conc...
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Erin Patterson, the woman at the centre of Australia’s “mushroom murders”, has been sentenced to life in prison for killing three of her estranged husband’s relatives with a meal of beef wellington laced with deadly death cap mushrooms two years ago.
Thousands of supporters of former far-right Brazilian President Jair Bolsonaro staged protests across several cities on Sunday, days ahead of the conclusion of his trial for allegedly plotting a coup after losing the 2022 presidential election.
Polish border guards reported the discovery of debris from an unidentified flying object in a village near the border with Belarus, police said late on Sunday, the latest in a series of similar incidents in the NATO-member state.
The World Health Organization (WHO) has asked Taliban authorities to lift restrictions on Afghan female aid workers, allowing them to travel without male guardians and help women struggling to access care after a powerful earthquake killed 2,200 people in eastern Afghanistan.
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
A day of mourning has been declared in Portugal to pay respect to victims who lost their lives in the Lisbon Funicular crash which happened on Wednesday evening.
The UK is gearing up for Exercise Pegasus 2025, its largest pandemic readiness test since COVID-19. Running from September to November, this full-scale simulation will challenge the country's response to a fast-moving respiratory outbreak.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
Erin Patterson, the woman at the centre of Australia’s “mushroom murders”, has been sentenced to life in prison for killing three of her estranged husband’s relatives with a meal of beef wellington laced with deadly death cap mushrooms two years ago.
Thousands of supporters of former far-right Brazilian President Jair Bolsonaro staged protests across several cities on Sunday, days ahead of the conclusion of his trial for allegedly plotting a coup after losing the 2022 presidential election.
Polish border guards reported the discovery of debris from an unidentified flying object in a village near the border with Belarus, police said late on Sunday, the latest in a series of similar incidents in the NATO-member state.
The World Health Organization (WHO) has asked Taliban authorities to lift restrictions on Afghan female aid workers, allowing them to travel without male guardians and help women struggling to access care after a powerful earthquake killed 2,200 people in eastern Afghanistan.
Venezuela will send 25,000 troops to coastal states to fight drug trafficking, President Nicolás Maduro’s government said, following a U.S. deployment of 10 fighter jets to Puerto Rico for operations against drug cartels.
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