Prime Minister Mark Carney will meet with his cabinet today for the first time since U.S. President Donald Trump threatened to impose steep new tariffs on Canada.
Trump said in a letter to Carney last week that the United States will put a 35 per cent tariff on Canadian goods starting Aug. 1.
The White House says that new tariff wouldn't apply to goods that are compliant with the Canada-U.S.-Mexico Agreement on trade.
Canada has yet to respond formally to the latest threat, or to Trump's recent moves to impose lofty tariffs on copper imports and double existing levies on steel and aluminum.
Picture Courtesy: THE CANADIAN PRESS/Sean Kilpatrick
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