Trump said in an Oval Office signing ceremony on Monday that his administration will impose a 25% tax on goods from Canada and Mexico that may come as soon as February 1 – a move that could raise prices for American consumers.

Canadian Prime Minister Justin Trudeau said the bordering nation is crucial to President Trump’s “golden age” during a Tuesday press conference in Montebello, Quebec. “The president has said that he wants to usher in a golden age for the United States.

Canada’s outgoing prime minister and the leader of the country’s oil rich province of Alberta are confident Canada can avoid the 25% tariffs President Donald Trump says he will impose on Canada and Mexico on Feb.