President-elect Donald Trump is vowing to raise tariffs on Canadian, Mexican and Chinese goods, which is likely to mean higher prices for consumers, according to an MIT economist.

Trump said he will impose a 25% tax on all products entering the country from Canada and Mexico, and an additional 10% tariff on goods from China, as one

President-elect Donald Trump’s announcement of tariff plans sparked criticism Tuesday from Mexico, Canada and China and raised questions about whether the moves would violate international trade agreements — including one he renegotiated in his first term.

U.S. President-elect Donald Trump's plan to impose 25% tariffs on Canadian and Mexican imports in his first day in office does not exempt crude oil from the trade penalties, two sources familiar with the plan told Reuters on Tuesday.

Today, has Donald Trump outlined his plans for a future trade war once he re-enters the White House? The President Elect has said that he’ll sign an executive order on day one of his presidency imposing a 25% tariff on "all products" entering the US from neighbours Mexico and Canada,

The president-elect announced on Monday that he intends to impose a 25 percent tariff on goods from Canada and Mexico.