Housing Trump to hit Canada, Mexico with 25% tariffs on Saturday by Akayla Gardner and Josh Wingrove Bloomberg News January 31, 2025 by Akayla Gardner and Josh Wingrove Bloomberg News January 31, 2025 President Trump said he would follow through on his threat to impose 25% tariffs on imports from Canada and Mexico on Feb. 1, citing the flow of fentanyl and large trade deficits as among the reasons for his decision. 0 FacebookTwitterPinterestEmail