President Donald Trump's threats to impose punishing tariffs on Canada and Mexico may be part of a strategy to gain leverage ahead of new negotiations on a regional trade agreement, experts said.

While much about the threatened tariffs is still unclear, experts predict they would be bad news for all three economies, with few winners.

The Trudeau government and regional leaders have put into place a retaliation strategy that's ready to go as leaders call for a national buy-Canadian response to President Donald Trump's tariff plans.

In line with a recent executive order by President Donald Trump, changes are already being announced in the United States. The Gulf of Mexico has been renamed the Gulf of America. In the United States,

In line with a recent executive order by President Donald Trump, changes are already being introduced in the U.S. The Gulf of Mexico has been renamed the Gulf of America. In the United States, the Gulf of Mexico has officially been renamed the Gulf of America.