The president said his advisers would devise new tariff levels reflecting countries’ tariffs, taxes, subsidies and other policies affecting trade with the United States.

As two-way trade expands, India’s surplus is growing. President Trump is expected to press Prime Minister Narendra Modi to lower tariffs.

The executive, Jim Farley, said President Trump’s tariff and auto policies would raise costs and could force the automaker to cut jobs.

Speaking in Paris at an artificial intelligence summit, the vice president gave an America First vision of the technology — with the U.S. dominating the chips, the software and the rules.

Duties of 25 percent on steel and aluminum will flow through to car buyers, beer drinkers, home builders, oil drillers and other users of metal goods.

The 10 percent tariff the president said he might impose in March could cause U.S. refineries to cut production and lead to higher prices.

European leaders have said that they will respond firmly to higher levies on steel and aluminum, but they have yet to say what that retaliation will look like.

Existing American tariffs already restrict steel and aluminum shipments from China, which is now flooding other markets with its exports instead.

Prime Minister Justin Trudeau, in a talk with business leaders, said Canada’s wealth of critical minerals are behind Mr. Trump’s comments about making its northern neighbor a U.S. state.

The Danish maker of Ozempic and Wegovy reported a 25 percent increase in sales to $40.6 billion, but said it expected slower growth this year.

Among an array of pro-Trump personalities and media outlets, the president can do no wrong.

A growing number of countries, including American allies, are striking trade deals as the Trump administration erects a higher fence around its global commerce.

President Trump’s tariffs hurt China, but his other actions have alienated U.S. allies, giving Beijing an opening to strengthen its global standing.

Amid warnings of price increases, Canada moved quickly to retaliate, China said it had planned countermeasures and Mexico said it would soon unveil its response.

Plus, Beyoncé’s long-awaited win.

To wean itself off Russian natural gas, Europe has found new sources of energy, including imports from the United States. But high costs are straining the economy.

The invoking of national security to unravel trade agreements could scramble the international trading system in China’s favor.

There are many reasons to regret Trump’s latest experiment with tariffs, but let’s take prices and migration.

President Trump has insisted that his new tariffs on America’s largest trading partners will not increase prices for Americans. But a review of how they work suggests that is not the case.

General Motors and a few other companies make as much as 40 percent of their North American cars and trucks in Canada and Mexico, leaving them vulnerable to tariffs.