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's biggest first-term trade impact was to shatter decades of political consensus favoring ever-lower trade barriers.

The UK ran a significant trade surplus with the US in 2023, British government data show, placing the country in the hot seat as Donald Trump prepares to revive his protectionist push in the White House.

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.

Canadian Prime Minister Justin Trudeau has threatened to respond "purposefully, forcefully, resolutely" to President-elect Trump's proposed tariffs.

How Trump’s tariffs could affect global trade and consumers US president-elect Donald Trump says he will implement widespread tariffs on goods being imported into the United States to tackle unfair trade,

The danger posed by potential US tariffs is greater for the UK than other comparable countries, the business secretary has warned just days before Donald Trump enters the White House. Jonathan Reynolds admitted that Mr Trump’s presidency will be a “challenging time for anyone responsible for trade”,