Secretary Lutnick hedged his bets about the economic sanctions being leveled against Canada and Mexico from tomorrow—and refused to rule out a 25% import duty.

Kelley Blue Book says Trump’s tariffs could raise the U.S. price of the average new car – already approaching $49,000 – by $3,000 or more. The price of some full-size pickup trucks could shoot up by $10,

Trump had threatened to impose tariffs in February before suspending them at the last minute, when Mexico sent 10,000 National Guard troops to their shared border to crack down on drug trafficking and illegal immigration.