Canadian Prime Minister Mark Carney on Thursday said he would convene a meeting of top cabinet colleagues on Friday to discuss the threat posed to the economy by U.S. tariffs.

Ottawa says it has started a 25% tax on some vehicle imports from the US, retaliating against American measures.

Canada, our northern neighbor once perceived as too nice but also having a penchant for poutine, has decided to levy a 25 percent tariff on all cars made in the United States. This comes after the Trump administration announced a 25 percent tariff on goods imported from Maple Syrup Land,