Trump said he would speak Monday morning with the leaders of Mexico and Canada after imposing 25% tariffs on the two North American countries. Meanwhile, Trump also said in a separate statement that Washington would cut funding to South Africa until it conducts an "investigation" into alleged mistreatment of "certain classes of people.

BRUSSELS: European Union's leaders warned on Monday there would be no winners in a trade war with the United States and they would hit back if President Donald Trump enforced tariffs.