Canadian Finance Minister Dominic LeBlanc has decided not to run for leadership of the Liberal Party, saying he needs to focus on countering the threat of tariffs from Donald Trump’s administration.

Canada's governing Liberal Party will announce the country's next prime minister on March 9 after a leadership vote that follows the resignation of Justin Trudeau this week, party leaders said late Thursday.

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,