President Trump had promised a 25% tariff on Mexico and Canada. The tariffs are on hold for one month. The 10% tariff on China are still scheduled.

On Saturday night, shortly after 9 p.m. ET, Prime Minister Justin Trudeau delivered a speech on Parliament Hill announcing Canada's response to a 25 per cent tariff U.S. President Donald Trump is imposing on most Canadian goods.

President Donald Trump said he plans to speak Monday with Canadian Prime Minister Justin Trudeau and Mexican President Claudia Sheinbaum before steep new tariffs on U.S. allies and trading partners are scheduled to take effect early Tuesday.

The Canadian prime minister said the country has a $1.3 billion border plan and 10,000 "frontline personnel" protecting the border.

President Donald Trump has taken executive action to impose new tariffs on imports from Canada, China and Mexico

The moves fulfill certain campaign promises but also have roiled stock markets and supply chains, while straining relations with the country’s North American neighbors.