Trump is following through on his campaign promises by expanding tariffs on both U.S. allies and rivals, escalating an already growing trade war.
Breaking News: Trump's Latest Tariff Plans
Breaking News: U.S. Tariffs Hit Automakers and Suppliers, Threatening to Bring North American Auto Production to a Screeching Halt
A 25% tariff on most U.S. imports from Canada and Mexico could halt assembly and parts plants across all three countries within a week, making production unsustainable due to tight industry margins