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Populist Conservative leader Pierre Poilievre — in the lead until U.S. President Donald Trump took aim at Canada with a trade war and annexation threats — was voted out of his Parliament seat.

While prices will rise for everyone, lower-income families are expected to lose a larger portion of their budgets because they tend to spend more of their earnings on goods.

“We don’t have to do a deal in the short term,” Carney told reporters April 24, as he campaigned in British Columbia ahead of the April 28 election. “My government will do the right deal.”

The strategy is one leg of a more wide-ranging plan to raise the logistics giant’s revenue by 50% by 2030 by focusing on fast-growing and high-margin niche markets.

The Canadian government said it will allow automakers to import a number of U.S.-made cars and trucks without tariffs, as long as the companies keep manufacturing vehicles in Canada.

General Motors Co. will temporarily halt production at a factory in Ontario that makes commercial vans, the second Canadian assembly plant to shut this month.

The U.S. government’s use of tariffs to address what are viewed as unfair trade practices and the overseas drug trade has been a hallmark of President Donald Trump’s second administration.

President Donald Trump’s sudden change to tariff policy on April 9 won’t affect the rates that currently apply to Canadian and Mexican products, according to a White House official.

The U.S. is poised to more than double duties on Canadian softwood lumber to 34.45%, putting more pressure on U.S. materials costs even before  any new tariffs on the sector.

Canada will put 25% retaliatory tariffs on U.S.-made vehicles in response to the Trump administration’s import taxes on foreign autos, Prime Minister Mark Carney said April 3.