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

Prime Minister Justin Trudeau announced that Canada would respond to President Trump's decision to enact a 25% tariff on Canadian exports to the U.S. by implementing a 25% tariff against $155 billion in U.

Elected officials warned that building materials, fuel, kitchen appliances, and more could all be affected as the prospect of a trade war loomed.