Donald Trump’s tariff threats stand to hurt American economic interests because they would disturb automotive supply chains where the US is strong and drive up consumer prices, said the head of General Motors Co.

Canadian leaders expressed relief that sweeping tariffs were not applied to Canadian products on the first day of Donald Trump’s presidency and that he did not mention America’s major trading partner

Still, Trump pledged in his inaugural address that tariffs would be coming and said foreign countries would be paying the trade penalties.

U.S. President Donald Trump's team is indicating he won't hit Canada with damaging tariffs on his inauguration day.