United States President Donald Trump has implemented sweeping 25 percent tariffs on Mexico and Canada. The tariffs on the US’s biggest trading partners took effect at 00:00 Eastern Time (05:00 GMT), causing markets across the globe to tumble. Washington has also imposed an additional 10 percent levy on Chinese imports, adding to the 10 percent…

On Tuesday, President Trump imposed tariffs of up to 25% on imports from Mexico and Canada, two of the United States’ biggest trading partners — while also increasing tariffs on China. Apu Gomes/Getty Images hide caption toggle caption Apu Gomes/Getty Images It’s not just American consumers who will feel the impact of tariffs — businesses…

  After spending months talking up Canada’s relationship with the US, Prime Minister Justin Trudeau will convene an economic summit on Friday with a new focus: promoting his country’s trade with the rest of the world. The goal of the Canada-US Economic Summit will be to “make it easier to build and trade within our…