With less than a month in office, the president has pursued trade actions that could shatter the global trading system and dwarf the trade measures he took over his entire first term.

U.S. President Donald Trump has tasked his economics team with devising plans for reciprocal tariffs on every country that taxes U.S. imports, raising the risk of a global trade war with American friends and foes.

His campaign billed it as “an eye for an eye, a tariff for a tariff, same exact amount”. The approach taken has been broader. Officials said they would impose the levies on a “country by country” basis,