While signing executive orders, U.S. President Donald Trump said Canada and Mexico could see a 25 per cent trade tariff as early as Feb. 1. As the date fast approaches, one expert believes Elon Musk,

President Donald Trump's threats to impose punishing tariffs on Canada and Mexico may be part of a strategy to gain leverage ahead of new negotiations on a regional trade agreement, experts said.

President Donald Trump has once again stirred the waters of international trade, reiterating his threat to impose tariffs on Canada unless certain conditions are met. In a bold move, Trump suggested that Canada could avoid these tariffs by becoming a state within the United States.