Trump has repeatedly insisted that tariffs are coming on Canada and Mexico, despite both countries seeking to address his stated concerns about illegal border crossings and the smuggling of fentanyl. But the Republican president is also motivated by the idea that tariffs would force other countries to “respect” the United States.

Canada is seeking to coordinate with the UK, EU and Mexico on US President Donald Trump's threatened tariffs, Foreign Minister Melanie Joly said Monday ahead of a trip to Washington. She told reporters in Ottawa she has been in contact with her Mexican counterpart and would reach out this week to British officials and representatives of the 27-nation European Union.

President Donald Trump told reporters hours after taking office that he was considering levying a blanket duty on Mexico and Canada on Feb. 1.

Trump has shown a willingness to move swiftly on tariffs in recent days without allowing for drawn-out talks. On Sunday, Trump announced—and then backed off—a threat to impose

President Donald Trump's threats to impose punishing tariffs on Canada and Mexico may be part of a strategy to gain leverage ahead of new negotiations on a regional trade agreement, experts said.

Donald Trump is “very serious” about unleashing unilateral tariffs on neighbors Mexico and Canada without even giving them a chance to negotiate. Some of Trump’s closest advisors said the dramatic action could take place within days.

Here's the sectors are most vulnerable and which ones will prove to have greater resiliency to this economic pressure