The president said he will impose tariffs Feb. 1 on products from Canada, Mexico and China, countries that together account for more than a third of U.S. trade.

President Donald Trump widened his tariff threats to include China and the European Union on his second day back in office after day one saw Canada and Mexico in his sights.

Chinese officials were prepared for Donald Trump to deliver bad news on his return to the US presidency: immediate 60 per cent tariffs on exports that could deal a serious blow to the world’s second-largest economy.

President Donald Trump on Tuesday warned that even more tariffs could be coming as soon as next week: This time China was his target, as Trump threatened to unleash a wave of higher taxes on imports from America’s second-biggest trading partner.

In a post to Truth Social, President Trump threatened to hit Russia with tariffs if Vladimir Putin refuses to make a deal on the Ukraine war.

President Donald Trump is threatening to impose stiff taxes, tariffs and sanctions on Russia if an agreement isn’t reached to end the war in Ukraine