Canada typically sells more goods and services to the United States than it buys, an issue — or non-issue, according to economists — that dates back decades.

The U.S. is threatening a two-stage tariff plan in which Canada and Mexico could get hit with initial trade penalties within days then face broader penalties this spring. In summary it's: Maybe tariffs now, and maybe more tariffs later.

The government is preparing for the possibility that the incoming U.S. administration will impose high tariffs on Canadian goods, setting the close allies up for a showdown.

John Authers is a senior editor for markets and Bloomberg Opinion columnist. A former chief markets commentator at the Financial Times, he is author of “The Fearful Rise of Markets.”

The president wants to begin renegotiating a U.S. trade deal with Canada and Mexico earlier than a scheduled 2026 review, people familiar with his thinking said.

The Canadian candidate for prime minister said she believes Trump is smart and is threatening to impose tariffs on allies in part to pave the way for tougher policies on China.

The looming tariffs against Canadian and Mexican exports to the United States are not just another round of trade skirmishes. They may well signify the beginning of the end for Bretton Woods-era multilateralism,

President Trump is using the threat of stiff tariffs on goods from Canada and Mexico to pressure the two nations to start renegotiating a continental trade deal.

Jonathan Levin is a columnist focused on US markets and economics. Previously, he worked as a Bloomberg journalist in the US, Brazil and Mexico. He is a CFA charterholder.

Former undersecretary of state says James K. Glassman writes that Trump is set to dismantle his own trade wins with the USMCA.

Trump said in an Oval Office signing ceremony on Monday that his administration will impose a 25% tax on goods from Canada and Mexico that may come as soon as February 1 – a move that could raise prices for American consumers.

Jan. 18—"I don't think there's been a crisis like this since the War of 1812" If President-elect Donald J. Trump sticks to his plan, Canada could be slapped with a 25% import tax on all goods it sends to the United States come Monday.