Trump's roller-coaster day saw him threaten to double duties on Canadian steel and aluminum to 50% after Ontario announced plans to place a surcharge on electricity sent to the US only to retreat back
Trump said that his administration will substantially increase tariffs on cars coming into the US on April 2, if other tariffs are not dropped by Canada
Ontario's premier, the leader of Canada's most populous province, announced that effective Monday it is charging 25% more for electricity to 1.5 million Americans in response to US President Donald Trump's trade war. Ontario provides electricity to Minnesota, New York and Michigan. I will not hesitate to increase this charge. If the United State escalates, I will not hesitate to shut the electricity off completely, Ontario Premier Doug Ford said at a news conference in Toronto. "Believe me when I say I do not want to do this. I feel terrible for the American people who didn't start this trade war. It's one person who is responsible, it's President Trump. Ford said Ontario's tariff would remain in place despite the one-month reprieve from Trump, noting a one-month pause means nothing but more uncertainty. Quebec is also considering taking similar measures with electricity exports to the US. Ford's office said the new market rules require any generator selling electricity to the US
Carney, 59, takes the reins at a time when the White House is creating upheaval in the global economy - and with US trading partners - with increasingly chaotic tariff announcements
Canada's next prime minister Mark Carney slammed US President Donald Trump for "unjustified tariffs", saying Americans should make no mistake as Canada will win the trade war just as it wins in hockey. Carney, who won the election for the leadership of the ruling Liberal Party to succeed Justin Trudeau as prime minister, in his victory speech Sunday also hit out at the American president for suggesting that Canada should join America as its 51st state. "America is not Canada. And Canada never, ever, will be part of America in any way, shape, or form. We didn't ask for this fight, but Canadians are always ready when someone else drops the gloves," 59-year-old Carney said. "So, Americans should make no mistake In trade, as in hockey, Canada will win. But this victory will not be easy. We are facing the most significant crisis of our lives. We will have to do extraordinary things together," he said. In his speech, the former head of Canada's central bank attacked Trump, saying there'
Notably, the border treaty that Trump referred to was established in 1908 and finalized the international boundary between Canada, then a British dominion, and the United States
IMF spokesperson Julie Kozack said the IMF would release a more comprehensive assessment at the spring meetings of the IMF and World Bank in Washington in April
Starlink flies more than 7,000 satellites in low-Earth orbit (LEO) serving some 5 million subscribers, and Canada is the company's largest market outside of the US
The US President said he highlighted the loss of lives due to fentanyl, which came through the Borders of Canada and Mexico
Canada then announced immediate retaliatory measures on tens of billions of dollars worth of goods, prompting Trump to threaten even more tariffs
Trump's remark came after Canadian Prime Minister Justin Trudeau said on Tuesday that Canada will be implementing 25 per cent tariffs against $155 billion worth of American products
From a steel standoff in 2018 to a lumber feud spanning decades, here's how US-Canada tariff battles have shaped trade relations over the years
US President Donald Trump's post comes a day before 25 per cent tariffs on Canadian and Mexican goods come into effect
Canada will not let this unjustified decision go unanswered, Prime Minister Justin Trudeau said in a statement
Donald Trump has repeatedly suggested that Canada should join the United States as its 51st state
US trade wars: Tariff hikes have sparked volatility in financial markets, with North American stocks plunging on Monday in anticipation of trade disruptions
Just hours after Trump confirmed 25% tariffs on Canadian and Mexican imports, Canadian PM Justin Trudeau announced counter-tariffs on US goods.
Canadian Prime Minister Justin Trudeau will meet with King Charles III, the country's head of state, on Monday where he will discuss US President Donald Trump's threats to make Canada the 51st state. The king has come under criticism in Canada for being silent about Trump's threats to annex Canada. Trudeau said in London on Sunday he will discuss matters of importance to Canadians with Charles and said "nothing seems more important to Canadians right now than standing up for our sovereignty and our independence as a nation. Charles is the head of state in Canada, which is a member of the British Commonwealth of former colonies. Overall, the antiroyal movement in Canada is small, but the silence of the monarch on Trump's threats have spurred talk in recent days. Former Alberta Premier Jason Kenney said for Canadians disappointed that King Charles has not commented on Trump's threats he can only act on the advice of Canada's prime minister. The Government of Canada should ask the H
Citing the smuggling of drugs across the border, Trump has vowed to stop or "seriously limit" such drugs, especially Fentanyl
Trump has decided to move forward with the imposition of tariffs on Canada and Mexico, starting March 4 as the flow of illicit drugs into the US hasn't stopped