Trump said in an Oval Office signing ceremony on Monday that his administration will impose a 25% tax on goods from Canada and Mexico that may come as soon as February 1 – a move that could raise prices for American consumers.

Trump pledged in his inaugural address that tariffs would be coming in a speech in which he promised a golden era for America. He later said Canada and Mexico could be hit with the tariffs as soon as Feb. 1, though he signed an executive order requesting a report coordinated by the Secretary of Commerce by April. 1.

Canadian Prime Minister Justin Trudeau reiterated on Tuesday that his government is ready to respond to all scenarios if U.S. President Donald Trump imposes tariffs on Canada.

Canadian Prime Minister Justin Trudeau said the bordering nation is crucial to President Trump’s “golden age” during a Tuesday press conference in Montebello, Quebec. “The

Top Canadian ministers say Canada will be ready to retaliate after President Donald Trump said he was thinking of imposing a 25% tariff on Canada and Mexico on Feb. 1

Canadian Prime Minister Justin Trudeau and Mexican President Claudia Sheinbaum on Tuesday (January 21) said their governments were ready to defend their countries' interests against U.S. President Donald Trump's tariff threats.

Canadian Prime Minister Justin Trudeau warned U.S. President Donald Trump that his renewed pledge to impose a 25% tariff on all Canadian imports risks derailing his effort to usher in a “golden age” for America,

President Trump said Monday that he expects to put 25% tariffs on Canada and Mexico starting Feb. 1, while declining to flesh out his plans for taxing Chinese imports.

President Donald Trump said Monday that he expects to put 25% tariffs on Canada and Mexico starting on Feb. 1, while declining to flesh out his plans for taxing Chinese imports.