The letter reiterated Trump’s complaints about dairy quotas, fentanyl and the U.S. trade deficit, which is mostly fueled by American refineries’ thirst for Canadian oil. His social media post caused the Canadian dollar to immediately tumble, indicating the market wasn’t expecting this escalation.

When millions of Canadians returned a Liberal Party government — led by Mark Carney — earlier this year, they were attempting to manage two concerns: threats to the country’s sovereignty from Donald Trump and the United States,

President Donald Trump announced a 35% tariff on Canadian imports, starting Aug. 1, the latest letter to a trade partner that threatens high rates.

Canadian Prime Minister Mark Carney responded on Friday to President Donald Trump's threats to impose a 35% tariff on Canada starting Aug. 1, an increase from the initial 25% tariff rate he had set earlier this year.

Canada’s PM Carney rejects Trump’s fentanyl claims amid 35% tariff threat. US-Canada trade talks extended to August 1 as global tariffs escalate.

A day after President Trump announced a new 35 percent tariff on Canadian goods beginning next month, Prime Minister Mark Carney said Canada had made “vital progress” toward stopping fentanyl. “Canada has made vital progress to stop the scourge of fentanyl in North America.

Prime Minister Mark Carney was elected on a promise to ‘build, baby, build.’ Here’s how some people think his vision could unfold, and why others say Bill C-5 is a problematic way to get it done.

Prime Minister Mark Carney is retreating this week for vacation, but the federal government isn’t saying where.