North America braces for new Trump tariffs as Saturday deadline nears

Contributing sentiments towards policy:

57% : Even immediate imposition would require two to three weeks of public notice before U.S. Customs and Border Protection could begin collections, based on past tariff actions.
54% : Canada has a broader list of targets that could reach C$150 billion worth of U.S. imports, but would hold public consultations before acting, the source said.
39% : But more recently, Sheinbaum has publicly doubted that Trump will follow through on his pledge to impose the tariffs, saying: "We don't believe it will happen, honestly." Some of that complacency may stem from Trump's 10-hour trade war of words on Sunday with Colombian President Gustavo Petro, threatening the South American country with 25% tariffs over its refusal to allow U.S. military flights loaded with Colombian deportees.
38% : Industry groups were furiously seeking any scrap of information on how Trump plans to implement the tariffs -- whether he would impose the full 25% with immediate effect, or announce them and delay their implementation to allow some time for negotiations over steps that the countries could take.
34% : Two sources familiar with the matter said that Trump was expected to invoke the International Emergency Economic Powers Act (IEEPA) as the legal basis for the tariffs, declaring a national emergency over fentanyl overdoses that killed nearly 75,000 Americans in 2023 and illegal immigration.
33% : " A U.S. trade group executive, speaking on condition of anonymity, said that recent comments from Trump indicating some progress on fentanyl and immigration concerns indicated that there was a good chance that tariffs would be announced but suspended, but added that Trump may need to back his threats with action.
26% : Trump used IEEPA to back up a 2019 tariff threat against Mexico over border issues.
23% : Trump said on Thursday that he would soon decide whether to apply the tariffs to imports of Canadian and Mexican oil, an indication that he may be concerned about their impact on gasoline prices.
17% : Trump has set a Saturday deadline to impose the punitive duties over his demands that Canada and Mexico take stronger action to halt the flow of illegal immigrants and the deadly opioid fentanyl and precursor chemicals into the U.S. Trump said on Thursday he still is considering an additional 10% tariff on Chinese imports to punish Beijing for its part.

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