Trump pauses 50% tariffs on goods from Canada, says two sides have a deal
Trump said the delay gives Canada and the United States time to finalize a deal as negotiators race to avoid duties on $20 billion in goods.
- On Tuesday, President Donald Trump announced a 3-day pause on 50% tariffs against Canada, citing a tentative deal between the two nations subject to final documentation.
- Originally scheduled for August 19, 2026, the deadline threatened to impose levies on US$20 billion worth of Canadian goods including cement and hockey sticks.
- Prime Minister Mark Carney held intense negotiations with Trump on Monday to avoid tariff threats, an effort affecting 2.6 million Canadian livelihoods according to officials.
- U.S. Chamber of Commerce senior vice-president for the Americas Neil Herrington warned that higher tariffs would damage both economies and threaten 13 million American jobs dependent on trade.
- Automotive manufacturers face significant long-term losses if tariff disputes persist, as industry experts note current effective tariff rates for the sector are already at least 12.5 per cent.
130 Articles
130 Articles
U.S. President Donald Trump has announced a three-day postponement to the imposition of 50% tariffs against Canada, whose entry into force was scheduled for this Thursday, following an agreement that would resume the construction of the Keystone XL pipeline, which would unite Nebraska (USA) and Alberta (Canada).Continue reading....
US President Donald Trump announced that he had suspended, for a period of three days, the application of 50% tariffs on goods in Canada - measures that should have come into force on Wednesday -, stating that the two countries had reached a...
Shortly before the entry into force of new tariffs on a number of Canadian products, US President Donald Trump has put his plans on hold.
The US President has suspended the threatened 50 percent tariffs on Canada at the last minute. As a condition, he insists on reviving a controversial pipeline project.
US President Donald Trump announced a three-day suspension of the 50% tariffs on Canadian goods that were scheduled to take effect Wednesday. This suspension allows more time for further negotiations. The tariffs Trump had planned would have affected approximately 5% of Canada's annual exports to the United States, while bilateral trade in goods and services reached roughly $880 billion last year.
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