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.

Liberal MPs are gathering in Ottawa for a pre-scheduled caucus meeting with one objective in mind: finding a new leader.

OTTAWA — Finance Minister Dominic LeBlanc has ruled himself out of the race to succeed Prime Minister Justin Trudeau to devote his full attention to the threat of U.S. tariffs — but a growing number of Liberal MPs are hoping he will change his mind.