Trump’s wall of tariffs is likely to raise prices and cause chaos for business

President promised liberation yet may have plunged the US into recession and the world into an economic scramble

Donald Trump is finally making good on his campaign promises to build that wall" - but instead of steel fencing along the Mexican border, it will be constructed from tariffs, and will enclose the entire United States.

In his pugnacious and typically rambling speech on the White House lawn on Wednesday, Trump set out plans for across-the-board import taxes, ranging from 10% to more than 40%.