The president is also considering hefty new tariffs on the European Union and on specific goods, such as oil and gas, at a later date.

President Donald Trump has pushed into new trade law territory with an emergency sanctions law to justify punishing 25% tariffs on Canadian and Mexican imports and an extra 10% duty on Chinese goods to curb fentanyl and illegal immigration into the U.

President Trump plans to impose 25% tariffs on Mexican products beginning Saturday as he looks to pressure the Mexican government to do more to curb illegal immigration.