Trump to Follow Through with Tariffs on Canada, Mexico, China: White House

President Donald Trump is expected to impose 25 percent tariffs on Canada and Mexico and a 10 percent tariff on China effective Saturday, a move that could drive up prices on imported goods for U.S. consumers and businesses.

Since his electoral victory, Trump has threatened to place retaliatory tariffs on those three countries in order to ensure their cooperation in halting illegal immigration and combating the smuggling of precursor chemicals used to produce fentanyl. The president previously vowed to issue those tariffs on his first day in office, but he pushed that executive action back to February 1.