Trump pledged in his inaugural address that tariffs would be coming in a speech in which he promised a golden era for America. He later said Canada and Mexico could be hit with the tariffs as soon as Feb. 1, though he signed an executive order requesting a report coordinated by the Secretary of Commerce by April. 1.

Trump retook the Oval Office on Monday afternoon and has long threatened to introduce a 25% tariff on all Canadian and Mexican imports, unless both countries secure their borders against illegal migrants and drugs, on the first day of his administration.