President-elect Donald Trump announced Monday he’ll levy tariffs on imports from China, Mexico and Canada after he takes office—going against the views of many economists who believe Trump’s plan would burden everyday consumers,

Donald Trump said he would impose a 25 percent tariff on all goods from Canada and Mexico, a move that would have a severe economic impact.

The president-elect says he would impose tariffs on all imports from Canada and Mexico, which could hurt the auto industry.