President Donald Trump's plan to impose tariffs on three of the nation's biggest trading partners Saturday could have sweeping impact across the world, and raise prices for American consumers. Trump will impose 25% tariffs on goods from Canada and Mexico,

President Trump imposed 25% tariffs on imports from Mexico and Canada starting Saturday, as well as an additional 10% tariff on imports from China. However, Mr. Trump on Monday said he was pausing the tariffs on Canada and Mexico for 30 days after both countries agreed to direct additional resources to their borders.