U.S. President Donald Trump on Thursday signed an executive order increasing tariffs on Canadian goods to 35% from 25% on all products not covered by the U.S.-Mexico-Canada trade agreement, the White House said.

President Trump announced Thursday that he would grant a 90-day extension to Mexico to allow for further trade negotiations, but the white house did not extend the same courtesy to Canada.

Prime Minister Mark Carney released a statement just past midnight on Friday after U.S. President Donald Trump signed an executive order to increase a tariff on Canadian goods to 35 per cent.