Automotive industry and prime minister Mark Carney note that 25% tariffs on Canadian steel, aluminum and automobiles will still come into effect within hours

Canada’s exemption from Donald Trump’s global tariffs was “like dodging a bullet into the path of a tank”, say business leaders as other levies are poised to hit key industries that drive the country’s economy.

In a theatrical unveiling of tariffs on countries with “unfair” practices on Wednesday afternoon, Canada was noticeably absent, alongside trade ally Mexico.

Britain gets off comparatively lightly but US president’s action could still cost billions in lost growth

• US politics – latest updates

Donald Trump has hit the UK with tariffs of 10% on exports to the US as he ignited a global trade war that could wipe billions off economic growth.

The US president accused other nations, including allies, of “looting, pillaging, raping and plundering” the US, as he announced tariffs on economic rivals including 20% on the EU and 34% on China as part of what he dubbed “liberation day”.

The hardy travellers can fly for 3,000 miles from the north-east US and Canada to roost in their millions in Mexico

• More invertebrate of the year nominations

Imagine your body was the weight of a raisin, supported by just a pair of flimsy, gossamer wings. Now imagine that you had to fly for 3,000 miles, avoiding storms, highways and predators, to ensure your species continued.

Could you do it? Unless you’re a monarch butterfly, fortunately you won’t have to face such a challenge.

Between 24 March and 2 April, we will be profiling a shortlist of 10 of the invertebrates chosen by readers and selected by our wildlife writers from more than 2,500 nominations. The voting for our 2025 invertebrate of the year will run from midday on Wednesday 2 April until midday on Friday 4 April, and the winner will be announced on Monday 7 April.

President to impose ‘reciprocal’ tariffs on largest trading partners and says new charges will bring about ‘golden age’

• Business live – latest updates

Donald Trump announced sweeping tariffs on some of its largest trading partners on Wednesday, upending decades of US trade policy and threatening to unleash a global trade war on what he has called “liberation day”.

Trump said he will impose a 10% universal tariff on all imported foreign goods in addition to “reciprocal tariffs” on a few dozen countries, charging additional duties onto countries that Trump claims have “cheated” America.

The US-Canadian dual citizen speculates he may be ‘barred or put in jail to sleep on a cement floor’ after his European tour, after years of speaking against Trump

Neil Young has shared his concerns of being barred from the US after his European tour later this year, thanks to his outspoken critiques of Donald Trump.

On Tuesday, on his website Neil Young Archives, the 79-year-old musician – who has dual Canadian-American citizenship – wrote of his fears after the recent spate of people being detained and deported upon entering the US. These incidents have been credited to vague or unspecified visa issues, but have frequently affected individuals who have criticised the Trump administration either publicly or in messages on their phone read by immigration officers.