Canada is ready to begin early talks on reviewing the North American free trade pact if the Trump administration wants to begin that process, Canadian Finance Minister Dominic LeBlanc said.

U.S. Commerce Secretary Howard Lutnick has been speaking with Canada’s finance minister Dominic LeBlanc about a potential compromise over the trade tariffs, said people close to the matter. Canadian officials are skeptical,

Canada’s lead negotiator with the U.S., Finance Minister Dominic LeBlanc, is waiting to hear from his U.S. counterpart, Howard Lutnick, if Canada will also receive the broad exemption from tariffs [th

Canada wants the tariffs removed,' Finance Minister Dominic LeBlanc says as U.S. officials talk compromise Caption: Prime Minister Justin Trudeau, left, holds a press conference at Canada House in London on Sunday.

Events of the last week, with the on-again, off-again tariffs, have made many Canadians nervous. Federal Finance Minister Dominic LeBlanc says he's been talking to the U.S. commerce secretary about what needs to happen to get rid of the tariff threat altogether and move forward.

After Trump imposed tariffs on Canada, Trudeau claimed the move was a tactic to weaken Canada for potential annexation. Discussions revealed Trump's dissatisfaction with trade agreements and even questioning the border treaty.

President Trump said Thursday that he postponed 25% tariffs on many goods from Canada and Mexico for a month, amid widespread fears of a broader trade war.

President Donald Trump has accused Canada of "ripping us off for years" on tariffs for lumber and dairy products. He threatened another round of tariffs after his administration briefly delayed USMCA-covered goods until April 2. Trudeau has accused Trump of attempting to create economic hardship in Canada with an ultimate goal to annex the country.

Yahoo Finance will chronicle the latest news and updates on Trump's tariffs — from the threats to the eventual policy.