President Donald Trump took action Saturday to impose new tariffs on Canada, Mexico and China, the White House said, which could have a sweeping impact on the American economy. The additional tariffs on Canadian and Mexican goods will be 25 percent,

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.

Canadian officials were informed that goods exported to the United States will be subject to a 25 percent tariff, with a lower rate for Canadian oil, starting on Tuesday.Credit...Ian Willms for The New York Times Trump tariffs: President Trump on Saturday followed through with his threat to impose stiff tariffs on Mexico,