The US administration walked the walk on tariffs by first announcing 25% levies on imports from Canada and Mexico, followed by a 10% tax on imports from China. While the actual implementation for Canada and Mexico is on hold for now, tariffs on China are already in place.

Asian stocks reliant on exports, ranging from Japanese carmakers to Chinese e-commerce firms, nosedived after US President Donald Trump unleashed his first wave of tariffs, signaling the beginning of a new round of global trade war.

Investors would be wise to buckle up, because if a trade war does break out there will be losers and winners on both sides

From Donald Trump pressing ahead with tariffs, to Elon Musk and Sam Altman at odds again, we round up the big stories in business and finance over the week to February 14. Francis Maguire reports. US says will levy tariffs on Mexico,

CNN’s chief White House correspondent was drowned out by laughter from her colleagues in the Oval Office on Thursday after her line of questioning about Russia’s war in Ukraine prompted President Trump to tear into her and the network.