The president said the blanket 35% would be on top of tariffs on certain sectors. That’s higher than the previous 25% rate.

Major stock indexes were slightly lower on Friday as U.S. President Donald Trump's announcement of tariffs on imports from Canada fanned worries about trade tensions, with the Canadian dollar down against the greenback.

Canada has made concessions to win goodwill with the White House. Trump, in return, has threatened steeper tariffs.

Plus, the Justice Department has subpoenaed 20 doctors and clinics involved in “performing transgender medical procedures on children.”