Tag #Us-Mexico Tariffs

What are the immediate economic consequences of the planned tariffs on Canada and Mexico, and how will they impact bilateral trade relations?

On Tuesday, the U.S. will impose tariffs on Canada and Mexico, the percentage of which is yet to be determined by President Trump. Initially threatened at 25 percent, the tariffs target illegal immigration and fentanyl smuggling. While both Canada and Mexico have taken steps to improve border security, the final tariff rate remains uncertain.