President Trump announced a slew of tariffs on imports last week, with a proposed 35% tariff on Canadian goods, including in the automotive sector, which could deeply affect American drivers. Trump announced the tariffs on Truth Social with screenshots of a letter sent to Canada’s prime minister,

Canadian Prime Minister Mark Carney announced a series of measures Wednesday to bolster the Canadian steel industry amid growing trade tensions with the United States.

Under the new policy, Canada will apply a 25 percent tariff on steel imports from any country — except the U.S. — if the original steel was melted and poured in China.

Canada introduced limits on how much foreign steel produced in countries other than the U.S. and Mexico can be imported to help a domestic sector reeling from President Trump’s tariffs.

Tariffs—taxes placed on imported goods—are one of the oldest tools in the United States' economic policy arsenal, dating back to the 18th century. Recently they've returned to the spotlight in a big way.

U.S. President Donald Trump’s latest tariff threat against Canada was rattling markets SPX Friday, as investors faced the specter of yet more levies on goods imported from the United States’ northern neighbor.

President Donald Trump announced a new set of duties on Canadian goods that were not covered by existing sectoral tariffs.

Canada would bear the brunt of Trump's tariffs in terms of economic contraction, says The Budget Lab of Yale.