There seems to be no stopping President Donald Trump from imposing more tariffs on Canada and Mexico, despite long-standing trade ties with both nations.

"No room left for Mexico or for Canada," he said Monday in response to questions on whether new tariffs on Canadian and Mexican goods will be in place Tuesday, triggering a plunge in the Dow Jones Industrial Average, Nasdaq, and S&P 500.

Aside from tariffs on Canadian and Mexican imports, Trump has also gone hard on China, slapping an additional 10% tariff on certain Chinese goods last month, a move that drew sharp criticism from Beijing.

With the Trump trade war 2.0 in full swing -- especially after he ordered a study into establishing reciprocal tariffs -- affected countries are left with little choice but to threaten countermeasures.

Beijing blasts Trump's alleged use of "fentanyl issue" in trade clash

The Chinese government was quick to criticize Trump since the additional tariffs were........

© International Business Times