Mexico and Canada were exempted from President Donald Trump’s new round of tariffs, but the future of free trade in North America is very much in doubt.
Donald Trump's latest round of tariffs had two notable omissions: Mexico and Canada. But the two nations are still subject to preexisting tariffs.
President Trump's newest tariffs sparked pledges by Canada's prime minster to 'fight' back while some said they were committed to working with partners and others look to take on Washington.
Prime Minister Mark Carney says Canada will match U.S. President Donald Trump’s 25% auto tariffs with a tariff on vehicles imported from the United States.
Wall Street suffers its worst day since 2020 but the White House tells investors to "trust in President Trump".
Shares of some of the world's biggest car brands traded sharply lower on Friday, extending steep losses from the previous session.
After GOP senators helped pass a measure to revoke Trump's Canada tariffs, talks are underway to force a House vote. Senators also unveiled a bipartisan bill to limit his authority.
The punitive tariffs drew strong reactions from world leaders. Australia’s prime minister said they had “no basis in logic. ... This is not the act of a friend.”