The president confirmed his long-threatened tariffs will come into effect on Saturday, and said they “may or may not rise with time.”

U.S. President Donald Trump has confirmed that he will impose 25% tariffs on all imports from Canada starting on Feb. 1, though he said the action might not include crude oil. Speaking to reporters in the White House,

Canada’s outgoing prime minister and the leader of the country’s oil rich province of Alberta are confident Canada can avoid the 25% tariffs President Donald Trump says he will impose on Canada and Mexico on Feb.