Trump tariffs set to take effect on Canada, Mexico as Trump says ‘no room left’ for delay

US President Donald Trump is aiming to reshape the country’s trade policy using one of his preferred economic tools: tariffs. Here’s where things stand with various US trade partners: Canada and Mexico: Trump has threatened to impose 25% across-the-board tariffs on its US neighbors on March 4, after earlier reneging on those plans. Trump said Monday that there is “no room left” for Canada and Mexico to negotiate out of the tariffs. China: Duties on China went into effect in early February, and China retaliated. Beijing is reportedly eyeing duties on US food and agriculture products in retaliation to the…