The courts are considering whether they're even legal under U.S. law, and the American economy has yet to feel the pain of higher prices WASHINGTON, D.C. — Time’s up. On Friday, U.S. President Donald Trump raised the tariff rate on Canadian goods not covered under the Canada-United States-Mexico Agreement (CUSMA) from 25 to 35 per cent,

Talks between Canada and the United States on a trade deal are at an intense phase, Prime Minister Mark Carney told reporters on Monday, reiterating that an agreement without any tariffs at all was unlikely.

After Canada failed to strike a trade deal with Washington, the president raised tariffs on some Canadian exports this week.