President Donald Trump is likely to dust off a 1930 trade law largely forgotten for decades to back his new reciprocal U.S. tariffs that will match other countries' higher import taxes, trade and legal experts say.

A growing number of countries, including American allies, are striking trade deals as the Trump administration erects a higher fence around its global commerce.

US President Donald Trump's use of tariffs as a blunt weapon to extract concessions on everything from commerce to immigration and drug trafficking could redraw global trading norms, analysts say. Since his inauguration on Jan.

Targets of Donald Trump's 25% tariffs on steel and aluminum say they are preparing countermeasures to offset the economic damage. DW weighs up the impact of the US president's latest move.

Amid warnings of price increases, Canada moved quickly to retaliate, China said it had planned countermeasures and Mexico said it would soon unveil its response.