The president said the blanket 35% would be on top of tariffs on certain sectors. That’s higher than the previous 25% rate.

Canadian Prime Minister Mark Carney says Canada will keep working toward a new trade framework with the United States despite U.S.

Prime Minister Mark Carney says the deadline for a new economic and security deal between Canada and Ottawa has been pushed back a second time as U.S. President Donald Trump threatens to increase tariffs on Canadian products to 35 per cent.

US stocks fell Friday and the S&P 500 slipped from a record high after President Trump slapped Canada with a 35% tariff and threatened higher levies on most other nations. The S&P 500 plunged 0.4% to 6,253.10 after reaching a new record Thursday of 6,280.46.

The upcoming tariffs, which mark an increase over the 25% tariff rates that Trump first imposed on Canadian imports in March.

Prime Minister Mark Carney responded to U.S. President Donald Trump's threat of a 35 per cent tariff, saying he'll continue to defend workers.

Trump said that he will raise taxes on many goods from Canada to 35% Here's a look at countries that have gotten tariff letters — and where things stand now.

WASHINGTON (TNND) — President Donald Trump sent a letter to Canada on Thursday threatening to raise taxes on imported goods to 35% in the on-again, off-again trade war with the country.

P resident Donald Trump said the U.S. will impose a 35% tariff on all Canadian goods from Aug. 1 and threatened a blanket 15 to 20% levy on most other nations.

The Canadian government told employees they may face job losses, as Prime Minister Mark Carney searches for spending cuts to keep the budget deficit in check.

Canadian Prime Minister Mark Carney has confirmed his government’s review of its C$19 billion F-35 fighter jet deal will be completed by the end of the summer, a move fueled by rising tensions with the Trump administration.