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World braces for impact as Donald Trump’s reciprocal tariffs take effect on April 2: What to expect? | Today News
US President Donald Trump is set to unveil a sweeping tariff plan on April 2, a date he has branded as “Liberation Day.” The plan, centered around so-called reciprocal tariffs, aims to rebalance global trade, boost American manufacturing, and generate substantial revenue for domestic policy priorities. However, the broad scope of these tariffs, potentially covering all nations, has stoked fears of a global trade war.
A plan without details
Despite the imminent rollout, the White House has not specified the exact tariff rates, how they will be calculated, or which countries might qualify for exemptions. Trump has also hinted that non-tariff barriers will be factored into the calculations, but no methodology has been provided.
“You’d start with all countries, so let’s see what happens,” Trump told reporters aboard Air Force One. “I haven’t heard a rumor about 15 countries, 10 or 15.”
Key sectors and trading partners targeted
The new tariffs will build on existing levies on aluminum, steel, and autos. Trump has also pledged a 25% tariff on imported vehicles, and has suggested increasing tariffs on pharmaceuticals, lumber, semiconductors, and copper. Mexico and Canada, the two largest US trading partners, are expected to be hit with 25% tariffs.
Additionally, Trump has warned of curbs on “all oil coming out of Russia” if Moscow refuses to comply with US demands regarding Ukraine.
April 2, the ‘Liberation Day’ Trump promised
US President Donald Trump’s reciprocal tariff plan, set to begin on April 2, has sent shockwaves through the global economy. Branded as “Liberation Day” by Trump, the policy aims to rebalance trade by imposing tariffs on imports from all nations, unless they negotiate exemptions post-launch. The move, which includes hefty levies on autos, metals, and various other sectors, has sparked fears of a global trade war.
Global reactions
The announcement has triggered concerns among US allies and trading partners, with several governments scrambling to negotiate exemptions or alternative trade arrangements.
UK seeks exemption but braces for impact
The United Kingdom is among the many nations hoping to secure a deal to avoid the tariffs. Downing Street has acknowledged that the UK is “likely to be impacted” and is engaged in ongoing discussions with US trade representatives.
“When it comes to tariffs, the Prime Minister has been clear he will always act in the national interest,” said a spokesperson for UK Prime Minister Keir Starmer. “Our trade teams are continuing constructive discussions to agree on a UK-US economic prosperity deal.”
However, the UK government has signaled that talks may extend beyond April 2, raising concerns for British industries, particularly luxury car manufacturers like Rolls-Royce and Aston Martin, which face a 25% import duty.
Canada’s energy industry on edge
Canada faces a looming 10% tariff on energy exports to the US, creating unease within the nuclear power sector. The US relies on Canada for over a quarter of its uranium supply, making the tariffs particularly disruptive.
“Utilities are waiting to see what this all means before they take action,” said Karen Radosevich, manager of nuclear fuel supply at Entergy Corp. “This uncertainty is paralyzing for the industry.”
Canadian officials have warned they may retaliate with their own export duties on uranium, potentially escalating trade tensions between the two allies.
EU delays retaliatory measures
The European Union, also in the crosshairs of Trump’s tariff plan, has opted to delay its first countermeasures until mid-April. This decision allows for additional negotiation time and reconsideration of targeted US goods.
Russia and Venezuela face additional pressure
Trump has extended his tariff strategy beyond traditional trade disputes, leveraging economic pressure in geopolitical conflicts. On Sunday, he announced a secondary tariff of 25% to 50% on all Russian oil unless Moscow agrees to a ceasefire in Ukraine.
In Venezuela’s case, Trump introduced a new economic tool—”secondary tariffs”—threatening 25% tariffs on any country that purchases Venezuelan oil. The executive order, signed on Monday, gives Secretary of State Marco Rubio discretion to impose these penalties.
Venezuelan President Nicolás Maduro responded defiantly: “They can sanction and impose tariffs on whatever they want, what they cannot sanction is the love and patriotism of the Venezuelan people.”
China, Venezuela’s largest oil buyer, condemned the US move. “We call on the U.S. to stop interfering in Venezuela’s internal affairs and abolish the illegal unilateral sanctions,” said Chinese foreign ministry spokesman Guo Jiakun.
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Video: Nick Reiner Talked Openly About His Addiction Struggles
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Nick Reiner Talked Openly About His Addiction Struggles
Nick Reiner was arrested and booked on suspicion of murder after his mother and father, the movie director Rob Reiner, were found dead in their home. The younger Reiner had been open about his struggles with drug abuse and homelessness.
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“I was scared to get in trouble…” “We’re talking with Nick Reiner and his father, Rob Reiner.” “I think I’m lucky in the sense that I have parents that care about me. And because of that, when I would go out and do, you know, things like drugs and stuff like that, I’d feel a tremendous amount of guilt because I’d think, oh, you know, they’re thinking about me right now. They want me to do good.” “How was it working with your son?” “Oh, good, good.” “Deep down, he trusted that we loved him and that we were there for him. And that put a little bit of a break on certain things. I mean, it’s a desire to survive.”
By Shawn Paik
December 16, 2025
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Peace plans ready to be presented to Russia in days, says Zelenskyy
Volodymyr Zelenskyy says proposals negotiated with US officials on a peace deal to end Russia’s war in Ukraine could be finalised within days, after which American envoys will present them to the Kremlin.
After two days of talks in Berlin, US officials said on Monday they had resolved “90%” of the problematic issues between Russia and Ukraine, but despite the positive spin it is not clear that an end to the war is any closer, particularly as the Russian side is absent from the current talks.
In the early hours of Tuesday morning the Ukrainian president said the US Congress was expected to vote on security guarantees and that he expected a finalised set of documents to be prepared “today or tomorrow”. After that, he said, the US would hold consultations with the Russians, followed by high-level meetings that could take place as soon as this weekend.
“We are counting on five documents. Some of them concern security guarantees: legally binding, that is, voted on and approved by the US Congress,” he said in comments to journalists via WhatsApp. He said the guarantees would “mirror article 5” of Nato.
On Monday, US officials declined to give specific details of what the security package was likely to include, and what would happen if Russia attempted to seize more land after a peace deal was reached. They did, however, confirm that the US did not plan to put boots on the ground in Ukraine.
Leaders of the UK, France, Germany and eight other European countries said in a joint statement that troops from a “coalition of the willing” could “assist in the regeneration of Ukraine’s forces, in securing Ukraine’s skies, and in supporting safer seas, including through operating inside Ukraine”.
They stopped short, however, of suggesting these would be guarantees that would match Nato’s article 5, and in any case there is little sign that Russia is anywhere close to agreeing to the kind of package under discussion between Washington and Kyiv.
On Tuesday, the Kremlin said it had not seen the details of proposals on security guarantees. “We have seen newspaper reports so far, but we will not respond to them. We have not seen any texts yet,” its spokesperson, Dmitry Peskov, told reporters.
Peskov added that Moscow, which has in the past demanded Kyiv cede territories Russia claims as its own and ruled out the presence of any foreign troops in Ukraine, had not changed its stance on the conflict and the achievement of its military goals.
“Our position is well known. It is consistent, it is transparent and it is clear to the Americans. And, in general, it is clear to the Ukrainians as well,” Peskov said.
Russia’s deputy foreign minister, Sergei Ryabkov, said Russia would not agree to troops from Nato countries operating in Ukraine “under any circumstances”. It was unclear whether that formulation also included troops drawn from Nato countries operating under a separate non-Nato command.
The German chancellor, Friedrich Merz, said on Monday that peace was closer than at any time since the beginning of Russia’s full-scale invasion. But privately, European officials say that at this stage the talks are more about keeping the Trump White House onboard with supporting Ukraine than about reaching a lasting deal between Moscow and Kyiv.
The main sticking point between the Ukrainian team and US negotiators remains the issue of land. Trump wants Ukraine to give up the parts of the Donbas region it still holds, while Ukraine wants to freeze the lines at the current point of contact. “We are discussing the territorial issue. You know it is one of the key issues. At this point, there is no consensus on it yet,” Zelenskyy said after the Berlin talks.
The US negotiation team, led by Steve Witkoff and Jared Kushner, has proposed a compromise solution whereby Ukraine would withdraw, but Russia would not advance and the demilitarised area would become “a free economic zone”. Russia has suggested that they could use police and national guard formations rather than the military, implying they would still expect to control the territory.
“I want to stress once again: a ‘free economic zone’ does not mean under the control of Russia. Neither de jure nor de facto will we recognise Donbas – its temporarily occupied part – as Russian. Absolutely,” said Zelenskyy.
It is not clear how the two sides will proceed on the territorial issue, with Zelenskyy previously suggesting that a compromise solution such as a free economic zone could be theoretically possible if the Ukrainian people voted for it in a referendum. The critical stumbling block is likely to be when the plans are put to the Russian president, Vladimir Putin, who has given no sign he is willing to compromise on his war aims.
“If Putin rejects everything, we will end up with exactly what we are experiencing on our plane right now – turbulence,” said Zelenskyy, recording the comments after his plane took off from Berlin for the Netherlands for a series of meetings on Tuesday.
“I believe the United States will apply sanctions pressure and provide us with more weapons if he rejects everything. I think that would be a fair request from us to the Americans,” he said.
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Video: Brown Student Has Survived Two School Shootings
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Brown Student Has Survived Two School Shootings
Mia Tretta, a Brown student, survived a deadly shooting at her high school in 2019 and another attack on Saturday. As the authorities search for the gunman in the latest attack, she is coping with trauma again.
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“The F.B.I. is now offering a reward of $50,000 for information that can lead to the identification, the arrest and the conviction of the individual responsible, who we believe to be armed and dangerous.” “It was terrifying and confusing, and there was so much misinformation, generally speaking, that I think everyone on Brown’s campus didn’t know what to do. This shooting does still impact my daily life, but here at Brown I felt safer than I did other places. And it felt like of course it won’t happen again. You know, it already did. But here we are. And it’s because of years, if not decades, of inaction that this has happened. Unfortunately, gun violence doesn’t — it doesn’t care whether you’ve been shot before.” “It is going to be hard for my city to feel safe going forward. This has shaken us.”
By Jamie Leventhal and Daniel Fetherston
December 15, 2025
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