The Trump administration is implementing tariffs through its new International Emergency Economic Powers Act (IEEPA).

In a statement obtained by Fox News on Saturday, the White House said that the legislation comes amid an "extraordinary threat posed by illegal aliens and drugs, including deadly fentanyl, constitutes a national emergency.

"President Donald J. Trump is implementing a 25% additional tariff on imports from Canada and Mexico and a 10% additional tariff on imports from China. Energy resources from Canada will have a lower 10% tariff," the statement read.

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Fox News Digital's Brooke Singman contributed to this report.