India, Feb. 2 -- US President Donald Trump on Saturday announced tariffs on major US trading partners Canada, Mexico and China. Trump has imposed a 25 per cent tariff on Canadian and Mexican imports and a 10 per cent on goods from China.

The move risks an economic standoff with America's two largest trading partners, Mexico and Canada, upending decades-old trade relationships. The tariffs, if sustained, could also significantly worsen inflation in the United States. Follow LIVE updates.

The White House has said that the tariffs would remain implemented "until the crisis is alleviated".

The White House has said that President Donald Trump was taking "bold action" to hold Mexico, Canada, and China accountable for their promises of haltin...