Ontario has launched a multimillion-dollar U.S. ad campaign touting economic and cultural ties between the province and its southern neighbour as Canada faces the threat of 25 per cent tariffs enacted by president-elect Donald Trump.

US President-elect Donald Trump and Canadian Prime Minister Justin Trudeau met in Florida to discuss concerns about drugs and migrant flows.View on euronews

Trump has made clear he will use tariffs — many of which he can enact without Congress’ approval — to an unprecedented degree as a bludgeon against allies and rivals alike to achieve domestic and foreign policy goals. Rising inflation as tariffs result in higher prices on imports such as cars, electronics, food, and clothing.

Donald Trump’s threat to hit Mexico with tariffs could raise prices on a surprising number of foods and drinks Americans love — from beer to berries to broccoli.

Trump has threatened to impose tariffs on products from Canada and Mexico if the countries don’t stop what he called the flow of drugs and migrants across southern and northern borders.

President-elect Donald Trump railed on social media over the weekend against a group of emerging economies for their attempts to circumvent the dollar. While markets mostly took Trump's words in stride,

Donald Trump plans to increase tariffs on Mexico, Canada, and China. The incoming chair of the New Democrat Coalition, Rep. Brad Schneider, joins The Weekend to discuss the Democrats’ fight ahead as Trump’s tariff plan stirs troubles for the U.

His threat was directed at countries in the so-called BRIC alliance, which consists of Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran and the United Arab Emirates.

Canadian Prime Minister Trudeau flew to Trump's Florida home after the president-elect’s threat to impose significant tariffs on Canada and Mexico.