The Canadian Prime Minister warned the "harsh reality" of the US tariffs will hurt some Canadians more than others "by design."
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The Canadian Prime Minister warned the "harsh reality" of the US tariffs will hurt some Canadians more than others "by design."
Given that the US Federal Aviation Administration has cleared Bombardier private jets, it is unclear how Trump will prevent their delivery to American clients.
Copper climbed to a record high on the London Metal Exchange after a weeks-long rally, driven by expectations that US President Donald Trump could expand tariffs on imports of refined metal.
Barring a last-minute reprieve, Carney's government will increase the import tax on many US steel items to 50% from 25% and apply tariffs to a range of consumer items - motorcycles, cosmetics, cheese and more.
Trump's threat comes as Canada moves to impose tariffs of 15% to 50% on hundreds of products from the US on Tuesday, a bid by PM Mark Carney to respond to his US counterpart's new trade levies targeting the country.
The series of AI-generated posts, including the White House video showing Trump as Green Lantern, prompted widespread ridicule from Trump's critics on social media.
Donald Trump shared graphics on Truth Social to highlight Iran's collapsing oil exports and currency. His posts also targeted the Strait of Hormuz and Kharg Island as US-Iran tensions over energy supplies intensify.
Trump has said he wants to "strangle" Iran's economy as he's struggled to end the war, which has led to the deaths of 18 US service members.
The latest round of tit-for-tat tariffs began last month, when the Trump administration imposed 50% tariffs on $20 billion worth of Canadian goods after trade talks collapsed on Aug. 21.
The US dollar currently trades at around 1.38 Canadian dollars, meaning one Canadian dollar is worth roughly 72 US cents.
Alipov's remarks came amid increasing Western regulatory scrutiny and the threat of secondary sanctions against countries and companies that continue to conduct business with major Russian energy suppliers.
The meeting came a day after Trump said the US had put forward a fresh proposal aimed at ending the war.