President Donald Trump’s turbulent tariffs are projected to cause a sharper slowdown in economic growth in the U.S. than expected.

Economic growth will slow this year and next as the trade war hampers development in the United States and around the world, the Organization for Economic Cooperation and Development said.

U.S. President Donald Trump's tariff decisions since he took office on January 20 have shocked financial markets and sent a wave of uncertainty through the global economy. Here is a timeline of the major developments: February 1 - Trump imposes 25% tariffs on Mexican and most Canadian imports and 10% on goods from China,

Tariffs on United States' imports of steel and aluminum from the United Kingdom will remain at 25% when imports from other sources will increase to 50% on June 4, according to a proclamation U.S. President Donald Trump signed on Tuesday.

The executive order raises import taxes for US firms buying from other countries - but the levy remains at 25% for the UK.

China and the United States are accusing each other of reneging on their tariff truce as tensions rise over rare earths exports, computer chips and student visas.

China said on Monday that U.S. President Donald Trump's accusations that Beijing had violated the consensus reached in Geneva trade talks were "groundless", and promised to take forceful measures to safeguard its interests.

President Donald Trump’s ambitious plan to broker dozens of trade deals with some of the United States’ closest trading partners has begun to show cracks as the clock on his 90-day pause for most country-specific tariffs winds down to just over one month.