<h1>Trump Announces 25% Tariffs on Canada and Mexico Imports, Undecided on Oil; Targets China Chemicals for Fentanyl.</h1> President Donald Trump announced that 25 percent tariffs on imports from Canada and Mexico will begin on Saturday, though he is undecided about including oil in these tariffs. The decision hinges on whether the oil prices from these countries are deemed fair, despite the tariffs' primary aim to curb illegal immigration and chemical smuggling. The U.S. imported significant oil quantities from Canada and Mexico, but Trump expressed confidence in domestic resources, dismissing concerns about potential economic impacts. Additionally, he confirmed that China will face tariffs on chemicals used to produce fentanyl, adding to existing import taxes.