President-elect Donald Trump is proposing sweeping new tariffs on Mexico, Canada and China as soon as he takes office. Here's why.

Justin Trudeau, Canada's prime minister, told reporters on Tuesday that he had a "good" conversation with Trump following the president-elect's post.

The president-elect announced on Monday that he intends to impose a 25 percent tariff on goods from Canada and Mexico.

With U.S. president-elect Donald Trump threatening to slap a 25 per cent tariff on all good from Canada, The National’s Adrienne Arsenault asks CBC’s Peter Armstrong and Alex Panetta to break down what it could mean for the economy and what Canada’s options are to respond.

Canadian Prime Minister Justin Trudeau said Tuesday he had a “good call” with President-elect Trump following the incoming U.S. leader’s pronouncement that he would impose a 25 percent tariff on Canadian goods when he takes office.

Last night, Donald Trump made clear that no country will be immune to his tariff agenda. In a post on Truth Social, he accused Canada and Mexico – America’s top two trading partners – of not doing enough to curb the flow of fentanyl and illegal immigration and threatened them each with 25% tariff hikes.