The White House said the higher tariffs, ranging from 10% to 41%, will take effect in seven days for 69 countries. Mexico received a 90‑day extension after securing a temporary deal to maintain its existing 25% rate.
Canada, Washington’s second‑largest trading partner, saw its tariff rise to 35% from 25% on goods not covered by the U.S.-Mexico-Canada Agreement. Prime Minister Mark Carney said he was “disappointed” by the move but pledged to continue negotiations.
Trump linked the decision partly to Canada’s “continued inaction and retaliation” on fentanyl trafficking. The escalation followed Canada’s announcement of support for Palestinian statehood, which Trump said would make reaching a trade deal “very hard.”
India, the world’s third‑largest oil importer and a key buyer of Russian crude, was assigned a 25% rate. A senior U.S. official cited India’s “closed market” and geopolitical tensions, including its ties to the BRICS bloc.
Taiwan, which has been in talks with Washington since April, received a reduced 20% tariff. President Lai Ching‑te said negotiations were not yet finalised and described the tariff as “temporary.”
Markets across Asia reacted sharply, with South Korea’s KOSPI falling more than 3% and its currency dropping to a two‑month low. Malaysia, Cambodia and Thailand secured 19% rates, which officials described as safeguarding key export sectors.
The tariff package also ends the longstanding “de minimis” exemption for parcels worth less than $800, a move expected to impact online retailers such as Shein and Temu. The exemption will end on 29 August.
Legal challenges are continuing, with U.S. appeals court judges questioning whether the tariffs are justified under emergency powers. Businesses and states opposing the measures argue that Trump has exceeded his authority under the International Emergency Economic Powers Act.
The White House said customs and tariff revenues have already topped $150 billion since Trump took office and would “skyrocket” after the new duties take effect.
Critics, including Senate Majority Leader Chuck Schumer, accused Trump of waging a “trade war on the American people,” warning of rising prices for consumers.
Hamilton told reporters in Las Vegas on Wednesday that he remained in frequent contact with the Ferrari chairman and had not taken the remarks persona...
Indonesian authorities evacuated more than 900 people from nearby villages and were helping 170 stranded climbers return safely after the eruption of ...
At least 25 Palestinians have been killed in four Israeli airstrikes on Wednesday in a part of Gaza under Hamas control since a shaky ceasefire took e...
At least 26 people have been killed and many were listed as missing in a Russian drone and missile attack overnight that hit apartment buildings in th...
The U.S. has signalled to President Volodymyr Zelenskyy that Ukraine must accept a U.S.-drafted framework to end the war with Russia that proposes Kyi...
Hamilton told reporters in Las Vegas on Wednesday that he remained in frequent contact with the Ferrari chairman and had not taken the remarks personally.
Brazilian President met with ministers from African and small island states on Wednesday (19 November) at the COP30 summit to push for early agreements on some of the most contentious issues in global climate talks, including fossil fuels and climate finance.
The Russian Foreign Ministry announced on Wednesday that it has not received any official information from the U.S. regarding the “agreements” on Ukraine, reported in the media.
Germany has returned 12 royal-era cultural artefacts to Ethiopia in a ceremony in Addis Ababa, marking a formal step in ongoing cultural cooperation between the two countries.
Thousands of users in the United States, some parts of Europe and South America on the X (formerly twitter) platform have reported being unable to access the site due to Cloudflare outage.
Emirates Airline is confident in Boeing’s plans for a larger 777X and has ruled out ordering Airbus’s A350-1000 at the Dubai Airshow.
Punjab’s modern political story begins in 1947. The end of British rule divided the region between India and Pakistan, leaving Sikh communities with a split homeland and unresolved questions about cultural and administrative protections.
Iran's air force, heavily reliant on aging F-14A Tomcat jets, faces a growing technological gap as its neighbors rapidly modernize their air forces with advanced fighter jets and air defense systems.
Ukraine says it will seek almost $44 billion from Russia to cover the climate damage caused by wartime emissions, marking the first attempt by any nation to bill an aggressor for its carbon footprint during conflict.
Indonesian authorities evacuated more than 900 people from nearby villages and were helping 170 stranded climbers return safely after the eruption of Semeru volcano, one of the country's tallest mountains.
At least 26 people have been killed and many were listed as missing in a Russian drone and missile attack overnight that hit apartment buildings in the western Ukrainian city of Ternopil, Ukraine's interior minister Ihor Klymenko said on Wednesday.
The U.S. has signalled to President Volodymyr Zelenskyy that Ukraine must accept a U.S.-drafted framework to end the war with Russia that proposes Kyiv giving up territory and some weapons, two people familiar with the matter said on Wednesday.
U.S. President Donald Trump signed the bill to release the files from the Justice Department investigation into the late sex offender Jeffrey Epstein on Wednesday.
The Russian Foreign Ministry announced on Wednesday that it has not received any official information from the U.S. regarding the “agreements” on Ukraine, reported in the media.
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