The White House confirmed on Tuesday that President Donald Trump will impose new tariffs on Wednesday, though it provided no details about the size and scope of trade barriers that have businesses, consumers and investors fretting about an intensifying global trade war.

Australian Prime Minister Anthony Albanese and his rival in a May election, Liberal Party leader Peter Dutton, said they would stand up for the country's national interests in the face of looming US tariffs that could hit Australian beef.

Israel has cancelled its remaining tariffs on imports from the United States, officials said on Tuesday, a day before the Trump administration hits global trading partners with reciprocal levies.

The quick response from Vietnam has won approval from industry leaders, with some considering the tax cuts as a "swift, positive, and timely" move that showcases Vietnam’s goodwill.

Europe has “a strong plan” for striking back at the United States in response to Donald Trump’s tariff hikes “if necessary,” a top official said Tuesday on the eve of a long-anticipated announcement of massive import levies by the US president.

As Donald Trump’s April 2 “Liberation Day” for announcing “reciprocal” tariffs on America’s trading partners approaches, the question in Beijing is whether this will be the moment when its nascent trade war with the US really escalates

President Donald Trump’s promised tariffs are a day away – and they’ll go into effect sooner than some had expected. As in, immediately, the White House said Tuesday.

Thai growth could dip to 1.3%

US President Donald Trump has announced that he will reveal his government’s tariff scheme on April 2, referring to it as a potential “Liberation Day” for the US economy. As this date approaches, the Vietnamese government is expediting its initiatives to strike a more balanced trade with the US, pledging to increase purchases of American goods and reduce tariffs on various US products.

US President Donald Trump said he is open to negotiations that would reduce the tariffs he’s planning to implement on countries next week, but that he does not expect deals ahead of his April 2 announcement.