And, this morning, the Mexican president said her country would respond in kind, but would rather just talk through the issues (mainly migration, illegal drugs): https://insidetrade.com/share/181733
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Can Trump impose these tariffs? Yes, probably. USMCA (the new NAFTA, negotiated during his first term) has a fairly broad national security exception that the US could invoke
Will he? That's a different question and pretty unclear at this point. He has proposed a wide variety of tariffs for his second term and it seems likely at least some of them will come to fruition. But based on his first term, he also likes to use them as threats to force negotiations
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