Donald Trump says he will impose a 25% tariff on goods coming from Mexico and Canada, plus an extra 10% on Chinese goods.

During President-elect Donald Trump’s first term, America launched an all-out trade war with China to boost US manufacturing, secure US national security interests and resolve what Trump believed was an extremely out-of-balance trade relationship.

Mexican President Claudia Sheinbaum says that the incoming U.S. president’s plan to institute massive tariffs on Mexican imports would bring about mutually assured economic destruction.