For over a year before the November 2024 presidential election, Donald Trump had been signalling plans to impose across-the-board tariffs if he won the

U.S. President Donald Trump (L) and Canadian Prime Minister Justin Trudeau (R) attend the NATO summit at the Grove Hotel on December 4, 2019 in Watford, England.

Trudeau initially spoke with Trump by phone Monday night, hours after he made his tariff promise. The prime minister later described the 10-minute conversation as a "good call."

Trump is nearing the end of a self-imposed 90-day deadline to strike deals with nearly every U.S. trading partner as he works to reorder global trade by giving America a competitive advantage through tariffs on foreign goods. Trump now says that the deadline could be extended past July 9 or even accelerated.

Canadian-born venture capitalist and Shark Tank star Kevin O’Leary has been vocal with his support of U.S. President Donald Trump. On Fox News on Saturday, O’Leary responded to Trump ending talks with Canada reportedly over the latter’s imposition of a digital services tax.

Leaders of the Group of Seven nations arrived in the Canadian Rockies on Sunday for a summit overshadowed by escalating tensions between Israel and Iran as well as US President Donald Trump's

President Donald Trump late Thursday threatened a 35% tariff on goods imported from Canada, a dramatic escalation in an on-again, off-again trade war with America’s northern neighbor and one of its most important trading partners.