Ultimately, those who respond with flexibility and foresight—whether businesses or consumers—will be best positioned to handle the pressures of a tariff-driven economy.

China responded to President Trump on Monday, accusing the US of violating their trade agreement and has vowed to protect its interests, making it less likely that Trump will get the leadership call he wants to restart trade talks.

The president is set to raise tariffs on steel and aluminum this week, even as the courts are challenging the legitimacy of other levies.

By Eric Onstad, Hyunjoo Jin, Hongmei Li LONDON/SEOUL/SINGAPORE (Reuters) -U.S. prices of steel and aluminium spiked on Monday while shares of foreign steelmakers slumped after U.S. President Donald Trump said he would double tariffs on imports of the two metals to 50%.

The White House's efforts to foster an agreement between Russia and Ukraine are also expected to continue this week, with a direct meeting expected on Monday in Turkey.

Trump announced at a Pennsylvania rally on Friday that he plans to double tariffs on steel imports to 50% from 25%.

Ongoing US-China trade tensions and volatile policy shifts have left investors caught between betting on tariff deescalations and bracing for increased uncertainty.

Geopolitical disruptions and tech advances are shaking up manufacturing strategies, pushing leaders to rethink their approaches. Companies need to rethink the way they traditionally decide where to locate plants,

President Donald Trump told U.S. steelworkers on Friday that he will double tariffs on steel imports to 50 percent. Reuters White House correspondent Jef Mason discusses.

One official said that the president is unlikely to delay his initial 90-day pause on some of his highest rates.

And that means President Donald Trump’s tariffs are top-of-mind. A $6,400 piece of odor control equipment was in transit from Canada when tariffs went into place, and the wastewater district paid a $1,550 tariff on it, Luers said.

This week’s report from the Labor Department could show whether President Donald Trump’s tariffs are affecting the labor market.