Trump has announced that Canada and Mexico could soon see a 25 percent tariff added to all imported goods while China could face an additional 10 percent – something Trump says is part of an effort to curtail “crime and drugs” coming into the U.S. and slow the number of illegal border crossings.

The president-elect said that he would impose the across-the-board tariffs on Day 1 and that they would stay in place until Canada, Mexico and China halted the flow of drugs and migrants.

Mexico and Canada are the United States’ top two trading partners, accounting for nearly 30% of trade volumes.