Trump is now laying ground for a trade war with the country’s largest trading partners

There are still over 50 days left until Donald Trump takes office, but he’s already laid the ground for a trade war that could shake the global economy.

Trump announced on Monday that he will sign an executive order placing a 25% tariff on all imports from Canada and Mexico, along with an additional 10% tariff on imports from China, in purported retaliation for drugs and migrants crossing US borders.