[1andrew1]

Given the Mexican-US-Canadian supply chains in sectors like cars, and US oil imports from Canada, this looks pretty reckless.

Canada, Mexico and China face tariffs on Saturday, White House says

US President Donald Trump will impose tariffs on Saturday of 25% on Mexico, 25% on Canada and 10% on China on 1 February, says the White House.

But Trump said on Friday that Canadian oil would be hit with lower tariffs of 10%, which could take effect later, on 18 February.

China, Canada and Mexico are the top US trading partners, accounting for 40% of the goods imported into the US last year, and fears are rising that the new steep levies could kick off a major trade war as well as push up prices in the US.

Canadian Prime Minister Justin Trudeau said on Friday: "It's not what we want, but if he moves forward, we will also act."

https://www.bbc.co.uk/news/articles/ckg0m79gm10o