President Trump has threatened to impose tariffs on Canada over drug trafficking, equating it with Mexico. U.S. government reports do not support the claim.

The remarks come amid ongoing discussions between the Trump administration and Mexican and Canadian officials.

TORONTO — Roughly $900 billion in annual trade between Canada and the United States — and with it, traditionally chummy bilateral ties — is on the brink of upheaval, with President Donald Trump threatening to impose sweeping tariffs on Canada as early as this weekend.

Canada has cracked down on fentanyl crossing the border in a bid to prevent President Trump's tariffs from hitting trade with the U.S.

Oil prices slipped for a second day on Thursday after U.S. crude stockpiles rose more than expected, though attention remained on tariffs threatened by U.S. President Donald Trump on Mexico and Canada,

U.S. President Donald Trump has pledged to place 25% tariffs on imports from Mexico and Canada from Feb. 1 if the two countries are not judged to be doing enough to stop the flow of fentanyl into the United States.

The majority of Canada’s oil exports, largely produced in Alberta, go to the United States. And Alberta Premier Danielle Smith has flatly refused to entertain the option of cutting off that supply to American refineries if Trump slaps a 25-per-cent tariff on all Canadian goods, including gas and oil.

President Trump said Thursday he is moving forward with a 25% tariff on Canadian imports. Michigan will be ‘disproportionately affected’ as a border state with heavy auto trade, according to experts.

President Donald Trump said his 25% tariffs on Canada and Mexico are coming on Saturday, but he's still considering whether to include oil from those countries

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Finance Minister Dominic LeBlanc sent a video describing Canada's border security efforts to the man U.S. President Donald Trump has chosen to oversee his tariff agenda — part of Canada's pitch to avoid devastating duties that could come as soon as Saturday.