The Latest

• U.S. President Donald Trump has thrown another twist into the trade dispute with Canada by threatening even higher tariffs on Canadian goods.
• The new rate – 35 per cent – is expected to apply to goods currently tariffed at 25 per cent.
• Trump said the new rate would take effect Aug. 1, though he suggested he could change his mind again between now and then.
• “These Tariffs may be modified, upward or downward, depending on our relationship with your Country,” the president wrote at the end of a letter to Prime Minister Mark Carney.
• The two countries had been trying to reach a new economic deal by July 21, but after Trump’s letter last night, Carney extended that deadline to Aug. 1.
• The prime minister says he’ll be meeting with his cabinet and the premiers to discuss a response.