(FILES) US President Donald Trump speaks to the press after signing an executive order in the Oval Office of the White House in Washington, DC on January 31, 2025. Trump is imposing steep tariffs on major US trading partners Canada, Mexico and China, with a lower rate on Canadian energy imports, said the White House on February 1, 2025. Washington will impose a 25 percent levy on imports from Canada and Mexico, with a 10 percent rate on Canadian energy resources, until both work with the United States on drug trafficking and immigration. Goods from China, said the White House, would face 10 percent tariffs. (Photo by Mandel NGAN / AFP) (Photo by MANDEL NGAN/AFP via Getty Images)