Trump had been threatening the tariffs to ensure greater cooperation from the countries on stopping illegal immigration and the smuggling of chemicals used for fentanyl.

President Donald Trump will move forward with new tariffs on Canada, Mexico and China on Saturday, the White House said, affirming he would stick to his February 1 deadline for the new duties that could have widespread effects on the economy.

The U.S. will impose 25% tariffs on Canada and Mexico, along with 10% on China, White House spokeswoman Karoline Leavitt said on Friday, but she declined to say whether there will be exemptions.