Trump plans 25% tariffs on goods from Canada and Mexico

President-elect Donald Trump plans to impose a 25% tariff on goods from Canada and Mexico. This move is part of his strategy to address illegal border crossings related to drugs and migrants. Trump's previous tariffs on China led to significant financial aid for U.S. farmers, totaling $23 billion. Economists now predict that the new tariffs could increase costs for consumers by up to $2,600 annually.