White House officials announced that President Donald Trump has imposed 25% tariffs on Mexico and Canada and 10% tariffs on goods from China. The tariffs will be imposed via three separate executive orders that have been signed for each country,

President Donald Trump signed an executive order Saturday imposing a 25% tariff on imports from Mexico and Canada and 10% on imported Chinese goods, according to multiple reports, reflecting his campaign promises to implement high tariffs, against the views of many economists who believe Trump’s plan would burden everyday consumers.

President Trump announced sweeping tariffs on goods imported from Mexico, Canada and China, sending shocks through the global supply chain and raising fears about consumer costs.