Suppliers to Mexico factories worry about Trump's pending tariffs, especially on the automotive industry, at annual El Paso manufacturing trade show.

A full-blown tariff war with the US could prove a gut punch for Mexico, which is already battling an economic slowdown. Latin America’s second-biggest economy depends heavily on its commercial relationship with its northern neighbor — its top trading partner by a wide margin.

With more than 80% of vehicles exported from Mexico to the United States, experts on Mexico's auto industry appear to be bracing for impact.

The president has circled April 2 as the culmination of his "American first" economic policy, which has already shaken markets and started a trade war.

President Donald Trump says new tariffs he is set to announce this week will hit all countries, not just those that have the biggest trade imbalances with the US. The comments come as he prepares to unveil a massive slate of import taxes on Wednesday,

ABC News' Phil Lipoff speaks with UCLA School of Law's Kimberly Clausing on the impacts these tariffs could have on Americans.

U.S. President Donald Trump said on Sunday that reciprocal tariffs he is set to announce this week will include all nations, not just a smaller group of 10 to 15 countries with the biggest trade imbalances.

The US exports less than $300,000 (£231,000) in jam each year to the bloc. It's an imbalance that US company JM Smucker, one of the biggest sellers of such products in the US, blames on a 24%-plus import tax its fruit spreads face in the EU.

U.S. President Donald Trump is urging senior advisers to take a more aggressive stance on tariffs as the administration prepares for a major escalation in its global trade war, the Washington Post reported on Saturday,

As Donald Trump’s April 2 “Liberation Day” for announcing “reciprocal” tariffs on America’s trading partners approaches, the question in Beijing is whether this will be the moment when its nascent trade war with the US really escalates.

The Trump administration has discussed providing financial aid for farmers who may be subject to retaliation by America’s trading partners.

Orders have evaporated for Richard Chen, who manufactures Christmas decorations in southern China for U.S. retailers, including Walmart and Costco , facing crippling U.S. tariffs.