President-elect Donald Trump's proposed 25% tariff on goods from Mexico and Canada would harm relations between the United States and Mexico and Canada, President Joe Biden told reporters on Thursday.

President Claudia Sheinbaum Pardo said tariffs could cause more inflation and result in job losses for the U.S. and Mexico.

The president-elect said that he would impose the across-the-board tariffs on Day 1 and that they would stay in place until Canada, Mexico and China halted the flow of drugs and migrants.