U.S. President Donald Trump signed an order that would impose 25% tariffs on steel and aluminum imports. Perhaps unsurprisingly, the biggest winner of the trade tariffs is likely to be the U.S. "At the start,

During his first term, Trump put tariffs of 25% on steel imports and 10% on aluminium imports from Canada, Mexico and the European Union. But the US reached a deal a year later with Canada and Mexico to end those tariffs, although the EU import taxes remained in place until 2021.

The 25-percent tariffs on imported steel and aluminum are the latest salvo in his ongoing effort to overhaul the U.S. trading relationship with the rest of the world.