Donald Trump unleashed a barrage of tariffs against Canada, Mexico and China on Saturday, launching a fresh global trade war.
The countries vowed to hit back with tariffs of their own, setting the stage for economic warfare that will reverberate across markets in the weeks ahead.
What has the US announced and why?
Washington unveiled 25 per cent tariffs on most imports from Canada and Mexico, and an additional 10 per cent levy on imports from China. Canadian oil was hit at a lower rate of 10 per cent. The duties will take effect from Tuesday.
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