President Donald Trump's long-anticipated trade tariffs — which include new import taxes on goods from China, Canada, and Mexico — were made official on Saturday, according to the White House. Trump told reporters earlier in the week that he planned to impose a 25% tariff on goods from Canada and Mexico to strengthen border policy and a 10% tariff on China to crack down on drug imports.

President Donald Trump signed an executive order Saturday imposing a 25% tariff on imports from Mexico and Canada and 10% on imported Chinese goods, according to multiple reports, reflecting his campaign promises to implement high tariffs, against the views of many economists who believe Trump’s plan would burden everyday consumers.

President Trump announced sweeping tariffs on goods imported from Mexico, Canada and China, sending shocks through the global supply chain and raising fears about consumer costs.