The president-elect said that he would impose the across-the-board tariffs on Day 1 and that they would stay in place until Canada, Mexico and China halted the flow of drugs and migrants.

Canadian Prime Minister Justin Trudeau is in Florida to meet with Donald Trump just days after the president-elect threatened to impose a 25% tariff on Canadian goods.

While the announcement is almost certainly bluster to bring attention to illegal immigration and fentanyl smuggling, there are several reasons why it is so risky.