President Donald Trump signed an order Monday imposing global tariffs of 25% on all steel and aluminum imports in a move that will likely please domestic steelmakers but hurt allies like Canada and Mexico.

The president imposed a 25 percent tariff on global metals, repeating a move from his first term. Economists and foreign governments know what will come next.

Mexico, Canada and the European Union on Tuesday condemned U.S. President Donald Trump's decision to impose tariffs on all steel and aluminum imports next month, a move that has fanned fears of a trade war as business and political leaders braced for yet more trade duty announcements from the new administration.

President Donald Trump has ordered a 25% import tax on all steel and aluminium entering the US in a major expansion of existing trade barriers. The tariffs, which will increase the costs of importing the metals into the US,

President Donald Trump signed an order Monday to impose a 25% tariff on all steel and aluminum imports to the United States.

President Donald Trump has said he will announce a 25% import tax on all steel and aluminium entering the US, a move that will have the biggest impact in Canada. Trump also said that there would be an announcement later in the week about reciprocal tariffs on all countries that tax imports from the US,

Trump announced 25% tariffs on steel and aluminum imports to protect American industries and gain foreign leverage, despite warnings of increased consumer costs.