World awaits Trump tariff deadline on Canada, Mexico and China [Video]

With less than 24 hours before President Donald Trump’s deadline to impose sweeping tariffs on the three biggest US trading partners — Canada, Mexico and China — the global economy is bracing for impact.

Shortly after taking office this month, Trump said he planned to introduce 25 percent tariffs on neighbors Canada and Mexico on February 1 unless they cracked down on illegal migrants crossing the US border and the flow of deadly fentanyl.

He added that he was eyeing an additional 10 percent duty on Chinese goods as soon as Saturday as well, similarly over fentanyl.

On Thursday, he reiterated his commitment to levies on all three countries. Later that day, he also re-upped threats of 100 percent tariffs on BRICS nations — a bloc including Brazil, Russia, India, China and South Africa — if they create a rival to the US dollar.

Fentanyl, many times more powerful than …