President Trump is moving forward with extensive tariffs on America’s closest trading partners. Beginning Tuesday, companies bringing products into the United States from Canada and Mexico will pay a 25 percent tariff; importers bringing products in from China will pay an additional 10 percent on top of existing levies.

Trump signed an executive order to implement tariffs on Mexico, Canada, and China.He has been threatening the tariffs on the three countries and others for months.Canada and Mexico have vowed to impose retaliatory tariffs against the US.