Trump muses about slapping 25% tariffs on Canada Feb. 1

.

U.S. President Donald Trump suggested that he could still hit Canada with tariffs as early as next month.

Speaking to reporters on his return to the Oval Office Monday, Trump recited concerns about the Canadian and Mexican borders while reiterating his threat to hit both countries with a sweeping 25 per cent tariff.

"We're thinking in terms of 25 per cent [tariffs] on Mexico and Canada because they're allowing vast numbers of people … and fentanyl to come in," Trump said.

"I think we'll do it Feb. 1," the president said in response to a question about when those tariffs could be implemented.