US President Donald Trump said on Monday that there was no chance for Mexico or Canada to prevent 25 percent tariffs from taking effect on Tuesday, sending financial markets reeling on the prospect of new economic barriers in North America.
βTheyβre going to have to have a tariff. So what they have to do is build their car plants, frankly, and other things in the United States, in which case they have no tariffs,β Trump said at the White House. He said there was βno room leftβ for a…

