President Donald Trump said he would follow through on his threat to impose 25% tariffs on imports from Canada and Mexico on Feb. 1, citing the flow of fentanyl and large trade deficits as among the reasons for his decision.

Trump said his decision will be based on whether the price of oil charged by the two trading partners is fair, although the basis of his threatened tariffs pertains to stopping illegal immigration

President Donald Trump intends to move forward with his plans to place separate 25% tariffs on imports from Canada and Mexico but told reporters Thursday he might include an exemption for oil. Even before entering office,