The Globe and Mail reports in its Wednesday, Nov. 27, edition that for Canada, which sends more than 77 per cent of its exports to the U.S., Donald Trump's proposed tariffs would represent an economic blow and threaten a recession, with the oil and auto industries particularly affected. The Globe's Adrian Morrow writes that for U.S. consumers, who would pay the cost of the tariffs, they would mean punishing price increases. For Mr. Trump, the tariffs combine two of his foundational political issues: building protectionist trade barriers around the U.S. economy and hardening the country's borders against migrants. President-elect Trump is vowing to impose tariffs of 25 per cent on all goods coming from Canada and Mexico. On Monday Mr. Trump wrote on his Truth Social platform: "On January 20th, as one of my many first executive orders, I will sign all necessary documents to charge Mexico and Canada a 25 per cent tariff on all products coming into the United States, and its ridiculous open borders. This tariff will remain in effect until such time as drugs, in particular fentanyl, and all illegal aliens stop this invasion of our country!" Among other things, gasoline would become more expensive, as would cars.