When President-elect Donald Trump recently floated the idea of annexing Canada, a key reason he gave was a claim that the United States was “losing $200 billion a year” to its northern neighbor.

Trump has threatened to impose tariffs on all Canadian products unless Canada curbs what he claims is a flow of migrants and drugs into the U.S.

Canada has drawn up an initial list of C$150 billion ($105 billion) of US-manufactured items that it would hit with tariffs if President-elect Donald Trump decides to levy tariffs against Canadian goods,

Donald Trump came to Washington eight years ago vowing to rewrite U.S. trade relationships, shrink a massive goods trade deficit and rebuild America's industrial base with new tariffs. The president-elect is about to embark on an even more aggressive effort in his second term,

President-elect Donald Trump's threatened tariffs could prompt Canada to pursue dollar-to-dollar retaliation or an export tax on oil and gas bound for the U.S.

The premiers will gather in Ottawa Wednesday to meet with Prime Minister Justin Trudeau and discuss the looming threat that has the potential to throw the economy into a tailspin: president-elect Donald Trump's promised tariffs on all Canadian goods.

He said Canada will keep its options in responding to Trump’s tariffs, but, aware of the need to balance regional interests, noted any response must be fair for every province and territory. Trudeau reportedly won’t “immediately” hit back with equivalent tariffs,

Should President-elect Donald Trump follow through on his promise to impose a new 25% tariff on goods imported from Canada, the United States' northern neighbor has vowed to retaliate in a trade war that could prove costly for American consumers.