Trump and his aides have repeatedly shifted their stance on tariffs in the weeks since the president’s “Liberation Day” announcement.

U.S. President Donald Trump has promised to hike nearly all of his tariffs on foreign steel and aluminum to a punishing 50% today, a move that would hammer businesses from automakers to home builders,

The order raises import taxes for US-based firms buying from other countries from today - but the levy remains at 25% for the UK.