Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning.

Good morning. Today is Tuesday, January 21st. I'm Julie Morgan. Trump talks tariffs on Mexico and Canada. Apple faces conflict mineral allegations, and Costco workers authorize a strike.

President Trump threatens to levy tariffs on Mexico and Canada as early as February 1st.

He said to members of the press in the Oval Office, quote,

We're thinking in terms of 25% on Mexico and Canada because they're allowing vast numbers of people.

Canada's a very bad abuser also.

Vast numbers of people to come in and fentanyl to come in.

End quote.

Canada and Mexico are the United States' two largest trading partners.

Last year, the U.S. imported $475 billion worth of goods from Mexico and $418 billion from Canada,

collectively accounting for 30% of the value of all the goods the U.S. imported last year,

according to federal trade data.

Meanwhile, the U.S. exported $354 billion worth of goods to Canada

last year and $322 billion to Mexico, accounting for a third of the value of all the goods the U.S.

exported last year. Canada has created an initial list of $105 billion in goods made in the U.S. that will be subject to tariffs should the Trump administration hit Canadian products with import tariffs.

The Greenback increased after Trump threatened those tariffs.

The president also signed his first executive orders at the Capitol after he took the oath of office on Monday,

including revoking 78 executive actions from the Biden administration.

Trump's executive actions is the top story in the Wall Street Breakfast newsletter,

our daily one-page news summary. You can find a link to sign up for the newsletter in show notes.

Belgium is moving ahead with its investigations into allegations by the Democratic Republic of

Congo that Apple uses conflict minerals from the African country in its supply chain. The Financial

...