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,

Trump this spring imposed a 25% tariff on cars and car parts, including those from Canada. But certain cars and parts qualify for preferential treatment under the USMCA, meaning the 25% tariff applies only to the non-U.S. content of the automobile or part.

Provinces across Canada pulled American-made whiskey, vodka and other alcoholic drinks from their shelves earlier this year in response to tariffs. U.S. spirits companies are paying the price. From early March through the end of April,

Major economies cannot allow uncertainty to become the new norm even though they face a novel world of growing trade restrictions and tariffs, Canada's finance minister said on Thursday.

Prepare for the 'year of tariffs' in 2025. Learn how escalating trade barriers and negotiations could impact markets and your investment strategies.

Trump announces a 35% tax on America’s No. 2 trading partner.

After long insisting that Canada could avoid Trump tariffs through talks, Mark Carney now says that is unlikely for any nation.