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.

Canadian Prime Minister, Justin Trudeau, says his government was ready to respond to all scenarios if U.S. President, Donald Trump, imposes tariffs on Canada. Trudeau made this statement on Tuesday. When asked about an uncertain timeline on possible tariffs,

The outgoing PM said Trump is a “skilled negotiator and will do what he can to keep his negotiating partners a little off balance.”