Trump hits Canada with 25% tariffs, 10% on energy – National [Video]

U.S. President Donald Trump signed an executive order imposing tariffs on Canadian and Mexican goods, he said in a statement on Saturday.

“I have implemented a 25% Tariff on Imports from Mexico and Canada (10% on Canadian Energy), and a 10% additional Tariff on China,” Trump said in a statement.

Trump’s executive order states that the tariffs will go into effect at 12:01 am Eastern on Tuesday, Feb. 4.

Prime Minister Justin Trudeau is scheduled to address the nation at 8:30 pm Eastern. On Saturday, he chaired a cabinet meeting and hosted a virtual meeting with the provincial and territorial premiers. He is also scheduled to speak with Mexican President Claudia Sheinbaum.

Global News has learned Canada is expected to follow through with retaliatory tariffs. Details of what that will look like not yet clear.

Trump said he was imposing tariffs because of “the major threat” of fentanyl crossing into the United States.

“We …