Trump plans 25% tariffs on Canadian and Mexican imports to boost border security

President-elect Donald Trump plans to impose a 25% tariff on imports from Canada and Mexico starting January 20. He aims to address illegal immigration and drug trafficking at the U.S. borders with this measure. Trump stated the tariffs will remain until both countries enhance border security. He claims this will pressure Canada and Mexico to take action against drug inflow and illegal migration. The proposed tariffs could disrupt trade with Canada and Mexico, raising concerns about price increases on various goods. Canadian officials have expressed worries about the economic impact, while Trump also plans to target Chinese goods with additional tariffs.