U.S. President Donald Trump announced on Sunday that his upcoming reciprocal tariffs will apply to all nations, rather than just targeting the 10 to 15 countries with the largest trade imbalances. Trump plans to unveil the tariff package on Wednesday, calling it “Liberation Day.”
“You'd start with all countries,” Trump told reporters aboard Air Force One. “Essentially all of the countries that we're talking about.”
The announcement contradicts recent statements from White House economics adviser Kevin Hassett, who indicated the administration's focus would be on countries with the worst trade imbalances. However, Hassett did not specify which nations would be targeted.
Trump has already imposed tariffs on aluminum, steel, and automobiles, along with increased duties on all goods from China. His approach views tariffs as both protection for the domestic economy and a bargaining tool for securing better trade terms for the United States.
Concerns are growing about the potential for a global trade war, with markets reacting nervously to the prospect of widespread tariffs. Economists fear that heightened trade tensions could lead to a recession in the U.S.
In February, Trump signed a memorandum directing U.S. trade officials to compile a list of tailored counter-measures against countries imposing fees on U.S. exports. Despite hinting last week at the possibility of scaling back his plans, Trump now appears committed to broad, sweeping tariffs aimed at achieving what he calls “fair trade.”
Further details about the tariff plan are expected to be revealed during Trump’s announcement on Wednesday.
Australian Defence Minister Richard Marles has urged China to be more transparent about its military build-up and operations, calling for better communication amid rising concerns over Beijing’s presence in the Pacific.
At least two people, including a 9-year-old girl, were killed in Russian drone and missile attacks on Ukraine, as questions remain over Kyiv’s participation in upcoming peace talks proposed by Moscow.
Australian Defence Minister Richard Marles has urged China to be more transparent about its military build-up and operations, calling for better communication amid rising concerns over Beijing’s presence in the Pacific.
At least two people, including a 9-year-old girl, were killed in Russian drone and missile attacks on Ukraine, as questions remain over Kyiv’s participation in upcoming peace talks proposed by Moscow.
As peace talks progress, voices from Yerevan, Tbilisi, and Baku reveal hopes, concerns, and expectations for a future shaped by trade, trust, and generational change in the South Caucasus.
Iran’s Foreign Ministry has rejected an Austrian intelligence report accusing Tehran of pursuing a military nuclear program, calling it “false and baseless,” and demanded an official explanation from Vienna, reaffirming Iran’s commitment to a peaceful nuclear program and criticizing Europe’s silence
Kurdish commander Mazloum Abdi says his forces are in direct contact with Türkiye and open to improving relations, including a potential meeting with President Erdoğan.
AnewZ takes to the streets of Yerevan and Baku to ask a simple yet deeply complex question: How do you see peace between Armenia and Azerbaijan? In the first part of our special report, we hear the hopes, doubts, and scars still shaping people’s perspectives on both sides.
On May 28, the inauguration ceremony of Lachin International Airport was held.
A car drove into crowds of Liverpool fans celebrating the club’s Premier League title in the city centre on Monday evening, injuring dozens including 4 children. A 53-year-old man believed to be the driver was arrested at the scene.
EU ministers have greenlit a massive €150 billion defense investment fund—dubbed the Security Action for Europe (SAFE)—as the bloc ramps up its military readiness in response to Russia’s aggression and growing uncertainty over U.S. security guarantees.
Brazil’s economy is expected to have regained momentum in the first quarter of 2025, driven by a surge in household spending and private investment, according to a Reuters poll of economists conducted from May 21–26.
Australian Defence Minister Richard Marles has urged China to be more transparent about its military build-up and operations, calling for better communication amid rising concerns over Beijing’s presence in the Pacific.
At least two people, including a 9-year-old girl, were killed in Russian drone and missile attacks on Ukraine, as questions remain over Kyiv’s participation in upcoming peace talks proposed by Moscow.
Kurdish commander Mazloum Abdi says his forces are in direct contact with Türkiye and open to improving relations, including a potential meeting with President Erdoğan.
Start your day informed with AnewZ Morning Brief: here are the top news stories for May 31st, covering the latest developments you need to know.
In a landmark moment for artists’ rights, Taylor Swift has officially bought back the master recordings of her first six albums, ending a long-running dispute over who controls her music.
Australian Defence Minister Richard Marles has urged China to be more transparent about its military build-up and operations, calling for better communication amid rising concerns over Beijing’s presence in the Pacific.
At least two people, including a 9-year-old girl, were killed in Russian drone and missile attacks on Ukraine, as questions remain over Kyiv’s participation in upcoming peace talks proposed by Moscow.
As peace talks progress, voices from Yerevan, Tbilisi, and Baku reveal hopes, concerns, and expectations for a future shaped by trade, trust, and generational change in the South Caucasus.
Iran’s Foreign Ministry has rejected an Austrian intelligence report accusing Tehran of pursuing a military nuclear program, calling it “false and baseless,” and demanded an official explanation from Vienna, reaffirming Iran’s commitment to a peaceful nuclear program and criticizing Europe’s silence
Kurdish commander Mazloum Abdi says his forces are in direct contact with Türkiye and open to improving relations, including a potential meeting with President Erdoğan.
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