The president has an ambitious economic plan, starting with trade, and doesn’t appear interested in negotiations—yet.

Trump positioned the tariffs as a way to “halt the flood of poisonous drugs into the United States,” referring to fentanyl. The change will have a big impact on the cost of a wide variety of goods imported from each country, including electronics, produce, clothing, and much more.

President Donald Trump says his 25% tariffs on Canada and Mexico are coming on Saturday. Trump also said he'll "probably” decide on Thursday night whether to include oil from those countries as part of his import taxes.

American importers will pay a new 25 percent tax on goods from Canada and Mexico and a 10 percent levy on products from China.

U.S. President Donald Trump and Mexican President Claudia Sheinbaum said Monday that their planned tariffs were on hold for a month to give time for further negotiations, and Mexico said it planned to deploy 10,

President Trump talked about the tariffs he imposed on Canadian, Chinese and Mexican imports during a gaggle with reporters, and accused China of "running the Panama Canal."