09:54 AM EST, 03/05/2025 (MT Newswires) -- US President Donald Trump is set to speak with Canadian Prime Minister Justin Trudeau on Wednesday, a day after the 25% tariff on imports from Canada officially took effect, Reuters reported, citing a source familiar with the matter.
According to the report, Canada also announced retaliatory measures in response to the US tariff.
The White House did not immediately respond to MT Newswires' request for comment.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)