Trump said in an Oval Office signing ceremony on Monday that his administration will impose a 25% tax on goods from Canada and Mexico that may come as soon as February 1 – a move that could raise prices for American consumers.

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.

Prime Minister Justin Trudeau said on Tuesday that Canada will hit back at the U.S. if President Donald Trump goes ahead with punishing tariffs on Feb. 1, promising this country will respond in kind with "robust,