Trump will impose 25% prices in Canada and Mexico Tuesday

President Trump said on Monday that radical prices in Canada and Mexico would come into effect on Tuesday, indicating that in the White House remarks, there was no chance for a last minute agreement to avoid samples.

“The prices, you know, they are all ready,” said Trump. “They come into force tomorrow.”

Trump offered to add 25% fees to all Mexican and Canadian exports that are found on these borders and an additional 10% for Chinese products, from midnight on Tuesday, saying that these countries had not done enough to stem the flow of drugs and migrants in the United States.

This decision will increase the samples that the United States has made from foreign products at least since the 1940s, and should break the regional supply chains and increase the cost of products ranging from cars to milks and vegetables.

The prices should also more deteriorate the American relationship with its two closest neighbors, whose savings are assembled together across North America. The leaders of Canada and Mexico rushed to convince Trump to change his mind by devoting more resources to the border police.

Canada, Mexico and China represent more than 40% of American imports, and economists have said that rigid prices could send Canadian and Mexican savings to a recession.

Mr. Trump’s announcement dropped the stock markets, the S&P 500 lowering 1.8%, its worst decrease of one day so far this year.