Chrystia Freeland, the former finance minister who is running to replace Justin Trudeau as Canada's prime minister, says her country needs to release a “retaliation list” of goods the country would target if U.

While much about the threatened tariffs is still unclear, experts predict they would be bad news for all three economies, with few winners.

The Trump administration is threatening a 25% tariff on all imports from Canada and Mexico as soon as Saturday — a move that would almost immediately impact car dealerships and factories in the United States.