After a delay, tariffs on Canada and Mexico are set to be implemented. Here’s what it could mean for consumers.

After a one-month delay, President Trump finally imposed sweeping 25% tariffs Tuesday on goods from two of the United States’ biggest trading partners: Canada and Mexico. Trump’s big issue with Mexico — that it doesn’t do enough to stem the flow of immigrants — has long been central to his political identity.

President Donald Trump’s sweeping tariffs on imports from Canada, Mexico and China took effect at midnight. Reporting for TODAY, NBC’s Christine Romans says it’s only a matter of time until American families see price hikes nearly everywhere they spend money,