Trump said in an Oval Office signing ceremony on Monday that his administration will impose a 25% tax on goods from Canada and Mexico that may come as soon as February 1 – a move that could raise prices for American consumers.

We aim to maintain good relations with the USA. Still, the government will protect Canadians if the USA imposes a 25% tariff on imports from Canada, declared Prime Minister Justin Trudeau on Tuesday.

Canada’s outgoing prime minister and the leader of the country’s oil rich province of Alberta are confident Canada can avoid the 25% tariffs President Donald Trump says he will impose on Canada and Mexico on Feb.