Donald Trump’s planned tariffs on Mexico and Canada are also dealing a blow to some of the US’s closest allies in Asia.

President Donald Trump's emerging trade war with Beijing poses a new threat to billions of dollars in planned U.S. liquefied natural gas export projects, many of which rely on China as a key buyer, according to analysts, industry sources, and company filings.

This will be the golden age of America! Will there be some pain? Yes, maybe (and maybe not!). But we will make America great again, and it will all be worth the price that must be

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 United States should pause tariffs on Canada as it did on Mexico, the head of the largest North American aerospace union told Reuters on Monday, as industry executives weighed the impact of fresh duties on plane parts and jets.