President Donald Trump's sweeping new tariff policy—dubbed “Liberation Day” tariffs—will take effect next week, applying new import duties on goods arriving by sea starting October 5. The executive order targets more than 70 nations, with tariff rates ranging from 10% to 41%, depending on economic cooperation and diplomatic standing with the U.S.
President Trump has sent Special Envoy Steve Witkoff and U.S. Ambassador to Israel Mike Huckabee to the southern Gaza Strip to review food distribution centers as civilian casualties mount near aid sites.
President Donald Trump announced a sweeping new trade agreement with South Korea Thursday evening, securing $350 billion in Korean investments into the U.S. economy and committing Seoul to a $100 billion purchase of American energy. The agreement also imposes a 15 percent tariff on South Korean goods, significantly undercutting the country's long-standing advantages in the U.S. auto market.