President Donald Trump ordered a 25% tariff on steel and aluminum imports, escalating his efforts to protect politically important US industries with levies hitting some of the country’s closest allies.

According to President Sheinbaum, Mexico has cut a deal with the U.S. to delay the tariffs. Under the deal, she said Mexico is sending another 10,000 members of its national guard to the southern border to combat drug traffickers, while the U.S. has agreed to do more to prevent the trafficking of high-powered weapons to Mexico.

Amid warnings of price increases, Canada moved quickly to retaliate, China said it had planned countermeasures and Mexico said it would soon unveil its response.

Trump knows the United States has more leverage over its neighbors than they do over his country. But exploiting that position of strength could cause a historic rupture.

The decision to impose 25 per cent tariffs on steel and aluminium may not look relevant to the UK at first glance – but it will lead to mutual impoverishment across the world and a further rise in int

President Trump announced potentially crippling tariffs against Canada, only to suspend them for 30 days. What will satisfy him remains unknown.

The U.S. and Canada are sparring over trade policy. The fact that the two countries are close allies makes the fracas seem all the more nasty. Thankfully, the adversaries agreed to retreat to their respective corners for 30 days,