Trump also indicated that he would proceed with tariffs on China. He didn’t specify the levy, though he’s previously said it would be 10%. Trump has said Beijing failed to follow through on promises to prevent fentanyl and the chemicals used to make the deadly drugs from flowing into the US.

Days before tariffs that have the potential to cripple Canada's economy are expected to come into effect, Canadian politicians are pushing the message that the country is cracking down on one of U.S.

President Donald Trump’s renewed pledges to slap 25% tariffs on imports from Canada and Mexico on Feb. 1 jolted foreign exchange markets late in the New York trading session, sending currencies from both countries plunging against the US dollar.

U.S. President Donald Trump on Thursday said the United States will put a 25% tariff on imports from Mexico and Canada, repeating his warning to the two countries which are top U.S. trade partners.

Roughly $900 billion in annual trade between Canada and the United States — and with it, traditionally chummy bilateral ties — is on the brink of upheaval, with President Donald Trump threatening to impose sweeping tariffs on Canada as early as this weekend.