Earlier this week, Trump said he would impose a 25% tariff on all goods from Mexico and Canada as soon as he takes office.

Trump said in a post to Truth Social on Monday that one of his first executive orders would be to hit Mexico and Canada with a blanket 25% tariff. Mexico and Canada are the second and third top suppliers of goods to the U.S., according to the Office of the U.S. Trade Representative. The U.S. imports the most goods from China.

President Biden called Donald Trump’s plans to impose 25% tariffs on all goods from Mexico and Canada “counterproductive” and said it would undermine relations with two of America’s closest allies.