Trumps tariffs on Mexico, Canada and China take effect Saturday [Video]

President Donald Trump said he will impose new tariffs on America’s three largest trading partners starting on Saturday, as promised during his campaign. Trump told reporters on Friday evening that there is nothing those countries can do at this point to delay implementation. “We are not looking for a concession, we will just see what happens,” Trump said. According to the White House, the package includes 25% tariffs on Mexico and Canada, and 10% tariffs on China. It’s all part of Trump’s pressure campaign on those countries to stop the flow of immigrants in the country illegally and deadly fentanyl into the United States, while also addressing trade imbalances. “They are making it possible for this poison to get in, number one, and, number two, we have big deficits,” Trump said. Tariffs are a tax on foreign imports but those added costs are often passed on to American consumers. “Tariffs …