On his first day back in office, President Donald Trump reiterated plans to impose levies on products from Mexico and Canada despite concerns from the retail industry.

As U.S. President Donald Trump mulls imposing 25% duties on imports from Canada and Mexico on Feb. 1, focus has shifted to the sectors likely to bear the brunt of the tariffs. About 28%, or about $844 billion,

Trump underscored his intention to use tariffs as a tool of international economic policy and an increasingly vital source of government revenue.