The 25% tax that President Donald Trump plans to slap as soon as Saturday on imports from Canada and Mexico could drive up the price of everything from gasoline to pickup trucks to the guacamole dip that features so prominently at American Super Bowl

US President Donald Trump has said he will follow through with his threat to hit imports from Canada and Mexico with 25% border taxes, known as tariffs, on 1 February. But he added that a decision about whether this would include oil from those countries had not yet been made.

Canada's government on Friday announced that it would defer the implementation of the controversial changes in the capital gains tax to January next year.

TORONTO — Roughly $900 billion in annual trade between Canada and the United States — and, with it, traditionally chummy bilateral ties — is on the brink of upheaval, with President Donald Trump threatening to impose sweeping tariffs on Canada as early as this weekend.

President Trump says he will smack North American neighbors with tariffs on Saturday, while leaders in Mexico and Canada say they are ready to hit back.

President Trump warned of new tariffs on China, Canada, and Mexico as soon as February 1. Here's where his trade plans stand as the deadline nears.

With a decision on oil imminent, the U.S. President repeated his three reasons for imposing tariffs: illegal migration, fentanyl smuggling across the border and imbalances on trade

We don’t need the products that they have. We have all the oil that you need. We have all the trees you need,” he said.

President Trump plans to impose 25% tariffs on imports from Canada and Mexico, citing trade deficits, illegal immigration, and drug concerns, risking consumer price hikes.

The 25 per cent tax that President Donald Trump plans to slap on imports from Canada and Mexico as soon as Saturday could drive up the price of everything from gasoline and pickup trucks, to Super Bowl party guacamole dip.

WASHINGTON: Companies, consumers and farmers across North America braced on Friday (Jan 31) for US President Donald Trump to impose 25 per cent tariffs on Canadian and Mexican imports within hours, moves that could disrupt nearly US$1.