America's biggest trading partners are bracing for sweeping tariffs that President Trump is imposing.

25% on imports from Canada and Mexico, except 10% on energy products from Canada.

Tariff threats have been a bargaining chip in Mr. Trump's effort to get America's neighbors to curb the flow of migrants and drugs into the United States.

Together, Canada, Mexico, and China account for nearly half of all U.S. imports, and tariffs could mean higher prices for American consumers.

Ali Rogan explores the trickle-down effects of these tariffs with Matina Stavis Griddef.

She's the Canadian Bureau Chief for the New York Times.

Matina, thank you so much for joining us. Mexican and Canadian officials have said they plan to

impose retaliatory tariffs. What is the effect on Americans in all this? I think the immediate

effect or experts say the immediate effect is going to be inflation, is going to be higher prices, a disruption of several industries that are so closely linked to Canada and Mexico.

Things such as avocados or even vehicles could become much more expensive for Americans really quickly.

You mentioned some of the consumer items, but what do we know about what sectors of the

U.S. economy are going to be most affected by these tariffs going into effect?

The Canadian government is certainly going to be imposing retaliatory tariffs in key industries

in the U.S. that they think will hurt the most because they're trying to change the course

of this policy. They want to exert maximum pain. And that could include anything from Kentucky

bourbon, they've told me, to orange juice coming from California, to dishwashers made in Wisconsin.

So they have a long list of goods that they believe that they can impose

tariffs on made in the United States, and they will want to disrupt those industries in the

U.S. as quickly as possible.

And of course, the economies and the people of Canada and Mexico are going to be impacted

as well. What are the consequences for people in those two countries? Absolutely. The U.S. will hurt, but Mexico and Canada will hurt more and faster.

We expect, for example, in Canada, the country will probably tip into a recession of 2.6 percent,

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