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Trump has threatened to impose a 35% tariff on Canada if no deal is reached by Aug. 1.

Roadrunner’s latest lanes add over 21,000 new miles of coverage across the U.S. and Canada and establish Kansas City as a major new hub, the company said July 24.

“We’re most affected by the [tariff] instability in our industrial truckload base in the U.S.,” TFI CEO Alain Bédard said during a July 28 conference call with investors.

Prime Minister Mark Carney said his government is in trade talks with the Trump administration despite recent comments from Trump suggesting a deal with Canada wasn’t a priority.

President Donald Trump said trade talks with Canada are not a focus for his administration right now, and instead of negotiating a deal, he may decide to just leave import taxes in place.

“Canada will not accept a bad deal. Our objective is not to reach a deal whatever it costs,” Prime Minister Mark Carney told reporters after meeting with the country's provincial leaders.

The notoriously combative U.S. executive and vocal public supporter of President Donald Trump said July 21 that Carney and his cabinet should enact “significant” trade protections.

In the first quarterly reports since pausing rate cuts, the Bank of Canada said businesses and consumers appear to have adopted a cautious stance because of rapidly changing tariff policy.

Alcoa, the storied U.S. metals producer, is feeling the pinch of President Donald Trump’s tariffs and has been forced to pause work on all its growth projects underway in Canada.

Canada will reduce the amount of foreign steel importers can bring into the country tariff-free, a move to help domestic producers suffering from President Donald Trump’s levies.