Shortly after last November’s election, Trump threatened China, Mexico, and Canada with 10% and 25% tariffs, respectively.

President Donald Trump's nominee to run the Commerce Department, Howard Lutnick, said on Wednesday that Canada and Mexico can avoid looming U.S. tariffs if they act swiftly to close their borders to fentanyl,

Donald Trump's threat to use his executive order power to impose tariffs on goods entering the US from trading partners Mexico and Canada will hit North America's integrated supply chain and could escalate further.