The White House on Saturday announced a wave of tariffs against Mexico, Canada and China, marking the first major levies of President Trump’s second term and laying the groundwork for a continental trade war.

President Donald Trump has pushed into new trade law territory with an emergency sanctions law to justify punishing 25% tariffs on Canadian and Mexican imports and an extra 10% duty on Chinese goods to curb fentanyl and illegal immigration into the U.

Financial markets could be upended Monday as investors gauge the potential start of a trade war. Nvidia will not save the day.

The White House announced new tariffs on China, Canada, and Mexico. Here's where Trump's trade plans stand.

The move likely will trigger retaliation and risk igniting a trade war that could cause broad economic disruption for all countries involved.

Trade between the world's two largest economies is vast, but a yawning trade imbalance has long raised hackles in Washington.

China’s Ministry of Commerce said it would file a legal case at the World Trade Organization, but signaled it still wanted a stable relationship with the U.S.

President Donald Trump has signed an order to impose stiff tariffs on imports from Mexico, Canada and China, drawing swift retaliation from the U.S.’s North American neighbors in an emerging trade war.

American importers will pay a new 25 percent tax on goods from Canada and Mexico and a 10 percent levy on products from China.