President Donald Trump repeated false claims about the US trade relationship with Canada and Europe in virtual Thursday remarks to the World Economic Forum in Davos. He also delivered a smattering of other misstatements and exaggerations about trade,

Canada’s rapid population growth over the past few years brought headaches over housing and public services, but there is a bright side. According to CIBC deputy chief economist Benjamin Tal, because of this influx, the country’s population is much younger than it was four years ago and in the long run that could prove to be a major asset.

The 25% import levy could go into place as soon as Feb. 1.

Donald Trump, who took oath as the 47th US President on January 20, has repeatedly referred to Canada as the “51st State”. He once said he will use “economic force” and not “military force” to acquire Canada.

Liam Mooney, founder of an Ottawa-based design firm, made a hat emblazoned with "Canada is Not for Sale" in response to Trump's tariff threats and suggestions that Canada become the 51st U.S. state.

Donald Trump addressed the World Economic Forum in Davos via video link on Thursday. The US President demanded respect from other countries, including Canada and Mexico. Trump called on OPEC to lower the price of oil and threatened companies that do not produce in the USA with tariffs.

As Ottawa promises to retaliate against American trade tariffs, U.S. President Donald Trump has taken a new swipe at Canada.

On his inauguration day on January 20, Trump announced that the US will roll out an America First Trade Policy.

The pound was flat against the dollar on Thursday morning, trading at $1.2449, as investors weighed central bank policy decisions and UK chancellor Rachel Reeves' economic growth plans. The US Federal Reserve announced on Wednesday that it was keeping rates on hold in its first decision of the year.

Washington (CNN) — The Federal Reserve on Wednesday hit pause on interest rate cuts in its first key decision of President Donald Trump ’s second term. It’s a move that’s likely to stoke tensions between the central bank and the new president, who has argued that he should have some say in Fed policy.

Reiterating his previous warnings about economic hardships that Canada would face in case of a potential trade war with the US, Justin Trudeau said, “We all know the stakes here.”