With a decision on oil imminent, the U.S. President repeated his three reasons for imposing tariffs: illegal migration, fentanyl smuggling across the border and imbalances on trade

Commerce nominee Howard Lutnick says U.S. tariffs against Canada could come in two steps, with the first blow coming as early as Saturday.

President Donald Trump plans to impose 25 percent tariffs on Canada and Mexico unless they address illegal migrants and fentanyl. He also targets China with additional tariffs over fentanyl. Economists warn of significant economic impacts,