Mexico, Canada respond to tariffs: ‘Difficult times in the coming days and weeks’ [Video]

White House officials announced that President Donald Trump has imposed 25% tariffs on Mexico and Canada and 10% tariffs on goods from China.

The tariffs, which will be implemented on Feb. 4, will be imposed via three separate executive orders that have been signed for each country, according to a White House official.

There will be a 25% tariff on all Mexican exports to the U.S. as well as on all exports to the U.S. from Canada. However, Canadian energy products will be tariffed at a lower rate of 10%.

There is a 10% tariff on all China exports to the U.S.

Tariffs of this magnitude will likely increase prices paid by U.S. shoppers since importers typically pass along a share of the cost of those higher taxes to consumers, experts previously told ABC News.

Canadian Prime Minister Justin Trudeau and Mexican President Claudia Sheinbaum both responded Saturday evening to the imposed …