The Trump administration's plans to slap new tariffs on imports from Canada and other countries could set off new waves of inflation in home building.

US President-elect Donald Trump’s vow to impose 25% tariffs on imports from Canada — a threat that has been looming for more than a month — is finally starting to disrupt Canada’s oil industry.

Canada’s Ambassador to the U.S. affirmed that the country is willing to boost American imports in the wake of President-elect Trump’s threats to increase tariffs. “We are happy to source what we can from the United States.