President Donald Trump’s trade war will escalate this week, with another round of tariffs expected on allies and Chinese retaliatory duties on U.S. goods. Trump announced on Sunday that he would implement 25% tariffs on steel and aluminum imported into the United States,

President Donald Trump is expected to sign an executive order on tariffs later on Monday or Tuesday, according to a source familiar with the situation, in a move that could increase the risk of a multi-front trade war.

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.

President Donald Trump is expected to introduce new 25% tariffs on Monday on all steel and aluminium imports into the U.S., on top of existing metals duties, in another major escalation of his shake-up of trade policy.

Trump said on Sunday he would introduce new 25% tariffs on all steel and aluminium imports into the U.S., on top of existing metals duties, in another major escalation of his trade policy overhaul. Starmer's spokesman said while it was not possible to speculate on the impact of such tariffs without seeing details,