With a decision on oil imminent, the U.S. President repeated his three reasons for imposing tariffs: illegal migration, fentanyl smuggling across the border and imbalances on trade

President Donald Trump plans to impose 25 percent tariffs on Canada and Mexico unless they address illegal migrants and fentanyl. He also targets China with additional tariffs over fentanyl. Economists warn of significant economic impacts,

Canada's dollar and Mexico's peso were edging higher on Friday, having dropped Thursday after President Donald Trump signaled he planned to impose tariffs on imports from the two countries. Trump told reporters he would follow through with a plan to impose levies on goods from the U.