In a bold move, President Trump has announced plans to impose 25% tariffs on imports from Canada and Mexico starting February 1. These tariff threats have already begun to impact the Canadian dollar and global markets, causing volatility in Dow Jones Futures. The announcement has sent shockwaves through corporate America, with analysts warning of potential economic backlash. Canadian officials are bracing for possible retaliation, while Trump asserts that these tariffs will strengthen the U.S. economy and deter illegal immigration. Despite some initial backtracking on immediate tariffs, the conversation around trade reform and economic policies continues to heat up as Trump prepares to take office.