Ottawa's former chief trade negotiator Steve Verheul says Alberta is undermining Canada's attempts to prevent the U.S. from levying damaging tariffs — a measure U.S.

Trump denied a report that his threat of sweeping tariffs on goods from Canada and Mexico is meant to force early renegotiations of the Canada-United States-Mexico Agreement.

The race to replace Justin Trudeau as leader of Canada’s ruling Liberal Party – and as the country’s prime minister – is well under way, with seven candidates throwing their names into contention. The leadership hopefuls had until Thursday evening to meet a deadline to formally submit their candidacies before the party picks its new chief on March 9.

Donald Trump grabbed on to the idea of hitting Canada with tariffs almost immediately after November's election, and he hasn't let go since. The continued centrality of that country to the president’s tariff talk has been on full display during his first days in office as the intensity and consistency of his comments surpass the rhetoric applied

Ottawa's former chief trade negotiator Steve Verheul says Alberta is undermining Canada's attempts to prevent the U.S. from levying damaging tariffs.

OTTAWA — The race to replace Canadian Prime Minister Justin Trudeau is dominated by one name: Donald Trump. How to wrestle with the incoming president and his tariff threats has emerged as the defining question in the Liberal Party leadership contest.

FILE - President Donald Trump, center, reaches out to Mexico's President Enrique Pena Nieto, left, and Canada's Prime Minister Justin Trudeau as they prepare to sign a new United States-Mexico-Canada Agreement that is replacing the NAFTA trade deal during ...

Most Read from BloombergTexas HOA Charged With Discrimination for Banning Section 8 RentersHow Sanctuary Cities Are Preparing for Another Showdown With TrumpWhat LA’s Fires Mean for the City’s Housing ShortageDeadly Landslide of Garbage Displays Uganda's Missed OpportunityNY’s Hochul Calls for Law Banning Cell Phone Use in SchoolsPresident Donald Trump signaled plans to impose previously threatened tariffs of as much as 25% on Mexico and Canada by Feb.

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 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.

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.