The president wants to begin renegotiating a U.S. trade deal with Canada and Mexico earlier than a scheduled 2026 review, people familiar with his thinking said.

President Trump is using the threat of stiff tariffs on goods from Canada and Mexico to pressure the two nations to start renegotiating a continental trade deal.

Canada is gearing up for a potential trade conflict with the USA. The government plans to eliminate obstacles to domestic trade. British Columbian Premier David Eby has stated that British Columbians should rethink trips to the United States and purchases of American products.

Canada is preparing for a potential trade war with the U.S. and plans to remove barriers to domestic trade. British Columbians should rethink trips to the United States and purchases of American products,

North American car companies have operated across borders for three decades. Tariffs would raise prices and cost jobs in the short run, analysts say.

Trump said in an Oval Office signing ceremony on Monday that his administration will impose a 25% tax on goods from Canada and Mexico that may come as soon as February 1 – a move that could raise prices for American consumers.

President Donald Trump said in an Oval Office signing ceremony Monday evening that his administration will impose 25% tariffs on Mexico and Canada on February 1, an extraordinary change in North American trade policy that could raise prices for American consumers.

After US President Donald Trump declined to impose tariffs on his first day back in power, officials in the Canadian government expressed caution, saying the fight against US protectionism is far from over.

Jan. 18—"I don't think there's been a crisis like this since the War of 1812" If President-elect Donald J. Trump sticks to his plan, Canada could be slapped with a 25% import tax on all goods it sends to the United States come Monday.

Prime Minister Justin Trudeau and the country's premiers met again on Wednesday to continue crafting a strategy to hit back at President Donald Trump as the threat of U.S. trade action becomes more acute.

On the campaign trail, Mr Trump promised a 10 per cent to 20 per cent charge on all imported goods and 60 per cent on Chinese products. He also vowed a 25 per cent tariff on all products from Canada and Mexico, and an additional 10 per cent duty on Chinese goods.

U.S. president-elect Donald Trump's pledge to hit Canada and Mexico with 25 per cent across-the-board tariffs has sent shockwaves through America's closest neighbours — but it's likely just a first step in his plan to rattle a critical trilateral trade pact.