Canadian Prime Minister Justin Trudeau told a business gathering on Friday that US President Donald Trump’s threat to annex Canada “is a real thing,” two Canadian business leaders who were at the meeting confirmed to CNN.

After threatening Canada with tariffs and urging it to become America's 51st state, Trump's attacks have spurred a wave of Canadian pride.

Most Canadians, according to a poll, support putting export taxes on oil shipments, if such taxes are needed to retaliate against U.S. President Donald Trump's tariffs. Export taxes on energy have been considered politically divisive in Canada,

President Trump’s tariff on Canadian oil is expected to raise prices at the pump for U.S. consumers, if it takes effect as planned after a 30-day delay. Analysts told The Hill that the 10 percent tariff set to be imposed under an executive order Trump signed over the weekend would lead to a pricing bump,

Oil headed for a third weekly decline as President Donald Trump’s tariffs on China and his push for increased domestic production weighed on the demand outlook. West Texas Intermediate was steady near $71 a barrel,