Canadian Foreign Minister Melanie Joly on Friday announced she would not run in the race to replace Prime Minister Justin Trudeau, saying she wanted to focus on the threat posed by potential U.S. tariffs.

Canada’s governing Liberal Party will announce the country’s new prime minister March 9 after a leadership vote that follows the resignation of Justin Trudeau this week

Canada's Liberal Party said late on Thursday it will choose a new leader on March 9 to replace Prime Minister Justin Trudeau. Trudeau announced on Monday that he will step down in the coming months after nine years in power,

Pierre Poilievre, the leader of Canada's Conservative Party, is the current front-runner to replace Trudeau as prime minister. Throughout 2024, polls showed Poilievre and the Conservative Party routing Trudeau and the Liberal Party as economic discontent grew and political issues (including the deputy prime minister's surprise resignation last year) rocked the incumbent government.

Canada is looking at putting retaliatory tariffs if President-elect Donald Trump follows through with his threat to impose 25 percent tariffs on all Canadian products.

Orange juice is largely produced in Trump's home state of Florida. Other items under consideration include ceramic goods, some steel products, glassware, and a slew of plastic articles, The Globe and Mail said,