President Trump signed an order Tuesday doubling tariffs to 50% on steel and aluminum imports — drawing swift criticism from officials in neighboring Canada and Mexico. Why it matters: Trump's order said the increased tariffs that took effect early Wednesday "will more effectively counter" countries that "offload low-priced,

U.S. President Donald Trump has signed a proclamation to officially increase steel and aluminum tariffs to 50 per cent, up from the previously announced 25 per cent tariffs. Despite another round of talks between Canadian officials and their U.

President Donald Trump’s trade war will wreak greater economic damage than previously expected, both in the United States and everywhere else, according to new forecasts by the Organisation for Economic Co-operation and Development.

Donald Trump’s combative trade policies have tipped the world economy into a downturn, with the US among the hardest hit, the OECD said.