Chinese tariffs on U.S. products including LNG, coal and agricultural equipment are set to be imposed Monday, in response to Trump’s 10 percent blanket levy.

China and the U.S. escalate trade tensions with retaliatory tariffs and new steel and aluminum tariffs, signaling a shift towards protectionism.

President Donald Trump’s trade war will escalate this week, with another round of tariffs expected on allies and Chinese retaliatory duties on U.S. goods. Trump announced on Sunday that he would implement 25% tariffs on steel and aluminum imported into the United States,

Wall Street's main indexes moved higher on Monday, recovering from last week's declines, as U.S. steelmakers surged after President Donald Trump said he would impose additional tariffs on steel and aluminum imports.