US President Donald Trump has said he will follow through with his threat to hit imports from Canada and Mexico with 25% border taxes, known as tariffs, on 1 February. But he added that a decision about whether this would include oil from those countries has not yet been made.

President Donald Trump affirmed on Thursday that imports from U.S. allies Mexico and Canada will be hit with a 25% tariff starting on Saturday. Speaking to the press from the Oval Office, Trump said that his administration will follow through in announcing tariffs on America’s neighboring countries for “a number of reasons”—chiefly among them being an alleged influx of migrants at the U.

TORONTO — Roughly $900 billion in annual trade between Canada and the United States — and with it, traditionally chummy bilateral ties — is on the brink of upheaval, with President Donald Trump threatening to impose sweeping tariffs on Canada as early as this weekend.