Trump’s decision on Canada-Mexico tariffs is coming. Here’s why they may be ‘just the warm-up.’ - MarketWatch

1. Trump plans 25% tariffs on Canada and Mexico by Feb 1. 2. Exemptions for oil tariffs are possible, indicating potential short-term volatility. 3. April deadline critical for assessing long-term tariff impact. 4. Analysts believe tariffs will be a negotiating tool rather than long-term. 5. Market reaction will depend on Trump's decisions and their execution.