President Trump’s 25 percent tariffs against Canadian and Mexican goods are set to go into effect on Tuesday unless there is any last-minute negotiation today.
Why Trump is threatening tariffs on the neighbors: Trump wants to curb the flow of migrants and fentanyl into the United States. The tariffs were originally set to take effect on Feb. 1 but were punted by a month by Trump.
Hmm: Commerce Secretary Howard Lutnick told Fox News’s “Sunday Morning Features” that he sees the tariffs as a “fluid situation.”
Keep an eye on China, too: Trump is also planning to increase Chinese tariffs by an additional 10 percent.