The country’s new prime minister, Mark Carney, has been called the “Trump whisperer,” and negotiations have been cordial and professional. But it’s been a wild ride.

Canada faces another set of tariffs in its ongoing trade talks with the U.S. However, in this latest round of tariff announcements, investors have learned to largely tune them out as negotiating bluster rather than policy commitments.

Latest news and live updates as Marco Rubio meets with Russian foreign minister amid tensions over Ukraine and Trump releases tariff letters to trading partners.

Barely a week after Trump and Prime Minister Mark Carney restarted trade talks, Trump published a new broadside against one of the US’s largest trading partners, threatening a 35% tariff. The letter — which arrived during Carney’s vacation — reiterated Trump’s complaints about dairy quotas,