As anxiety grows over U.S. President Donald Trump’s tariff threats, the National breaks down how fast people on both sides of the border could feel the economic pain.

Economists say Trump’s second-term tariffs, if carried out as promised, could put even more downward pressure on the economy, because he’s framed them as across-the-board, rather than targeted to particular consumer products or commodities.

The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.