As Ottawa promises to retaliate against American trade tariffs, U.S. President Donald Trump has taken a new swipe at Canada.

Speaking virtually to the World Economic Forum in Davos, Switzerland, Trump also said he will press NATO members to increase their defence spending target to five per cent of GDP.

Donald Trump, who took oath as the 47th US President on January 20, has repeatedly referred to Canada as the “51st State”. He once said he will use “economic force” and not “military force” to acquire Canada.

Donald Trump's verbal threats towards Canada are paying off for one entrepreneur, after the new US president's belligerent approach gave him an idea. Liam Mooney, founder of an Ottawa-based design firm,

President Donald Trump promised tax cuts for U.S.-based manufacturing and threatened tariffs on those who didn’t comply.

President Donald Trump reportedly elicited gasps from the international crowd gathered at the World Economic Forum in Davos, Switzerland, on Thursday when he suggested that Canada could become a U.S. state in order to avoid the sweeping tariffs he wants to impose.

The Trudeau government and regional leaders have put into place a retaliation strategy that's ready to go as leaders call for a national buy-Canadian response to President Donald Trump's tariff plans.

The new wildfire grew quickly overnight and was dubbed an "immediate threat to life" by the California Fire Department. The ship became stuck on Lake Erie while departing Buffalo, New York on 22 January.

Donald Trump for the first time used an international venue on Thursday for his eye-popping suggestion that the U.S. gain an additional state: Canada. In his first global event since becoming U.S. president earlier this week, Trump spoke by video link to the Davos economic forum in Switzerland.

U.S. President Donald Trump, speaking by video to people gathered at the World Economic Forum in Davos, Switzerland, argued that other countries, including Canada, are taking advantage of the U.S. He also repeated claims that the U.S. doesn't need anything from Canada.

"Shark Tank" star Kevin O'Leary explains President Donald Trump's "tariff signal" to world economic leaders on "The Story."

Donald Trump addressed the World Economic Forum in Davos via video link on Thursday. The US President demanded respect from other countries, including Canada and Mexico. Trump called on OPEC to lower the price of oil and threatened companies that do not produce in the USA with tariffs.