President Donald Trump’s tariffs on Canada and China are set to begin tomorrow. NBC News Correspondents Kelly O’Donnell and Brian Cheung report more. CNBC Global Supply Chain reporter Lori Ann LaRocco and Council on Foreign Relations Senior Vice President Shannon O’Neil join Katy Tur to discuss how these tariffs will impact Americans financially.

Trump says he wants to protect American industry, but many economists warn such tariffs could lead to prices rising for consumers in the US. That's because the tax is paid by the domestic company importing the goods,

"It feels like Trump wants to restructure the world order," Drew Dilkens, mayor of the Canadian border city of Windsor, said.