Trump's tariff plan would affect products from Canada, Mexico, and China. Here's what to know about tariffs, who pays them, and how they work.

President-elect Trump has put the country’s top three trading partners on notice less than two months before he takes office. The former president threatened Monday to impose steep 25 percent tariffs on all goods from Canada and Mexico — two key U.

President Joe Biden criticized President-elect Donald Trump's announcement that he will implement 25% tariffs on Canada and Mexico, saying that the comments were "counterproductive."