Multiple states bordering Canada could feel the greatest impact of a 35 percent tariff on Canadian products starting August 1.

As Canadian businesses face more uncertainty because of more U.S. tariff threats, the overall economy has shown to be more resilient than expected. And some experts say the continued threats could be an opportunity to diversify the domestic economy.

President Donald Trump ratcheted up tariffs on Canada late Thursday, stoking tensions with a top U.S. trade partner as the two sides try to hash out a trade agreement by the end of the month. The Dow Jones Industrial Average tumbled 250 points,

Six Republican Congress members callously urged Canada to take “proper action” to mitigate smoke wafting into the U.S.

Canadian Prime Minister Mark Carney says Canada will keep working toward a new trade framework with the United States despite U.S.

Donald Trump surprised markets late Thursday with a letter announcing a 35% tariff on Canadian goods, but some notable industries such as energy could get some relief from the new threat.

Canada is facing a 35% tariff on imports to the U.S. starting Aug. 1, said President Trump, though some of the country’s goods may still be exempt.

Warnings were issued for southern Ontario and southwest Quebec as hot and humid weather is expected to linger through Thursday.

Donald Trump has said the US will impose a 35 per cent tariff on Canada at the start of August as he launches a fresh salvo against one of the country’s largest trading partners.

The 35% level would be one of a range of tariffs on the U.S. ally, some of which are already in place, while others have been threatened and then walked back.

Canada would bear the brunt of Trump's tariffs in terms of economic contraction, says The Budget Lab of Yale.