President Donald Trump struck a new trade deal with the European Union on Sunday, allowing the EU to avoid a 30% tariff rate that was scheduled to begin on Aug. 1. Trump met with European Commission President Ursula von der Leyen over the weekend and discussed the new trade deal,

Trump said the U.S. has not 'had a lot of luck' with Canada during negotiations on a new trade and security deal, suggesting the two countries may end up with no new agreement.

US President Donald Trump said trade talks with Canada are not a focus for his administration right now, and instead of negotiating a deal he may decide to just leave existing import taxes in place.

In recent months, Trump has threatened, implemented, or paused broad tariffs on various goods, including steel, aluminum, cars, and more. Initially, the measures targeted countries like China and trading partner allies, including Canada and Mexico.

A three-day meeting in response to President Trump’s looming tariff threat underscored differences between the leaders of Canada’s provinces and territories.

General Motors is exposed to billions in costs from the trade war. The residents of Oshawa are already paying the price.

Top American steel producers are charging more for their products due to tariffs, which economists say is a natural effect that squeezes buyers and that Canada should avoid.

Trump’s protectionist moves likely to keep pushing countries to lessen their reliance on the US, analysts say.

As Prime Minister Mark Carney says Canada has entered an 'intense phase' in trade negotiations with the U.S. ahead of President Donald Trump's Aug. 1 deadline for increased tariffs, former Quebec premier and member of the Prime Minister's Council on Canada-U.

Trump’s statement comes a day after he announced a trade deal with the EU, which would see a 15 per cent tariff imposed on most European goods being exported to the U.S.

President Trump and European Commission President Ursula von der Leyen announced Sunday that the US and EU had agreed to the framework of a trade deal that included a baseline tariff rate of 15% on EU goods imported into the US.