Trump will impose 25% tariffs on imports from Canada and Mexico and 10% on goods from China, following a pledge he made after winning the White House.

President Donald Trump said Friday he would place 25% tariffs on imports from Canada and Mexico and 10% tariffs on goods from China effective Saturday, raising the specter of swift price increases for U.

The Trump administration said tariffs would take effect on Saturday on goods from Canada, Mexico and China. Mexico's president said the tariffs would violate trade agreements with the U.S. President Trump insisted that the tariffs would not lead to more inflation for U.