U.S. Dollar Surges as Trump Announces Imminent Tariffs on Canada and Mexico

President Donald Trump on Thursday announced he will decide tonight on whether to impose sweeping 25% tariffs on Canada and Mexico related to their failure to regulate the flow of fentanyl into the United States, and said his administration is in the process of formulating tariffs for China as well. "We’ll be announcing the tariffs on Canada and Mexico for a number of reasons," said Trump, adding "Number one is the people that have poured into our country so horribly and so much. Number two are the drugs fentanyl and everything else that…