The cheap Canadian oil America craves is becoming a key bargaining chip in President Trump’s threatened trade war.

Trump pledged in his inaugural address that tariffs would be coming in a speech in which he promised a golden era for America. He later said Canada and Mexico could be hit with the tariffs as soon as Feb. 1, though he signed an executive order requesting a report coordinated by the Secretary of Commerce by April. 1.

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.

Trump plans 25% tariffs on Canada, Mexico. What will it mean for Iowa's economy, farmers? Last time it left a $2 billion dent

Canadian Prime Minister Justin Trudeau said the bordering nation is crucial to President Trump’s “golden age” during a Tuesday press conference in Montebello, Quebec.  “The president has said that

Canadian Prime Minister Justin Trudeau reiterated on Tuesday that his government is ready to respond to all scenarios if U.S. President Donald Trump imposes tariffs on Canada. Asked about an uncertain timeline on possible tariffs,

Prime Minister Justin Trudeau and the country's premiers met again on Wednesday to continue crafting a strategy to hit back at President Donald Trump as the threat of U.S. trade action becomes more acute.

On day one of President Trump’s second presidency he indicated that a 25 per cent tariff on Canada imports could be in place as soon as February 1st. Global News Ottawa Bureau Chief Mercedes Stephenson joins Miranda Anthistle from Parliament Hill to break down the retaliatory measures being proposed by Canada’s leaders.

Outgoing Canadian Prime Minister Justin Trudeau on Tuesday responded strongly to US President Donald Trump's tariff threats and said that Ottawa is willing to inflict economic pain on its neighbour country to get Trump to back down.