The tariffs on goods from Mexico and Canada will apply to "ALL products coming into the United States, and its ridiculous Open Borders," the president-elect wrote.

President-elect Donald Trump on Monday said he will impose an additional 10 percent tariff on Chinese products entering the U.S. "I have had many talks with China about the massive amounts of drugs, in particular Fentanyl, being sent into the United States – But to no avail," Trump posted on Truth Social, his social media platform.