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Thank you. It's Friday, 31 January. Well, look at that. We made it to the end of the month.

Welcome to the BDB afternoon bulletin. I'm Mike Baker, your eyes and ears on the world stage.

All right. Let's get briefed. First up, President Trump said he plans to make good on his threats against Mexico and Canada

and will enact a 25% tariff on their imports.

We'll discuss the implications and how both countries may respond.

Then, in a sign of the escalating tensions between Moscow and the West over the Arctic,

multiple Russian warplanes were spotted in the region this week,

forcing NORAD to hastily scramble American and Canadian fighter jets.

But first, our afternoon spotlight, President Trump declared

his intent Thursday to follow through on his economic threats against Canada and Mexico,

teeing up a potential trade war with U.S. regional allies. Speaking from the Oval Office on Thursday,

Trump said he planned to put in place 25% tariffs on imports from Mexico

and Canada, with the border taxes set to go into effect on Saturday, though unconfirmed reports

suggested that they may not be imposed until the 1st of March. Trump argues that both countries

are taking advantage of current imbalances in the North American

Free Trade Pact and are not doing enough to curb illegal immigration and fentanyl trafficking

...