The president's tariffs on Canadian imports this year ushered in a noticeable cooling in Canadian interest in Florida real estate.

Canadian Prime Minister Mark Carney and U.S. President Donald Trump are in direct communication as part of Ottawa's bid to persuade Washington to lift tariffs, Industry Minister Melanie Joly said on Thursday.

The increase in U.S. metals tariffs applies to all trading partners except Britain, the only country so far to strike a preliminary trade agreement with America during a 90-day pause on a wider array of Trump tariffs.

Canada is going to wait before enacting any further retaliation against the U.S. over higher steel and aluminum tariffs because negotiators are in talks on a new bilateral economic-and-security deal,

Prime Minister Mark Carney said Canada won’t respond immediately to the Trump administration’s doubling of steel and aluminum tariffs, and indicated that officials are in “intensive discussions” about the trade relationship between the countries.