Trump pauses 50% tariffs on goods from Canada, says two sides have a deal
Trump said the pause gives negotiators time to finalize a deal as the two countries work through disputes over autos, dairy and alcohol.
- 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.
259 Articles
259 Articles
Why Did Trump Pause 50% Tariffs On Canadian Goods
President Donald Trump has postponed a planned 50% tariff on a broad range of Canadian goods for three days, saying the pause could lead to a new trade agreement with Canada. According to CNN, Trump announced Tuesday that the tariffs, initially scheduled to begin Wednesday, would instead be delayed until August 21. The measure would have affected roughly $20 billion in Canadian imports, including dairy, alcohol, furniture, clothing, plastics and…
Trump pauses 50% tariffs on Canada hours before deadline
Canadian Prime Minister Mark Carney said there is still 'important work to be done' before a deal could be reached, while Trump suggested that the controversial Keystone XL Pipeline could be revived.
"I suspended customs duties of 50% against Canada for a three-day period," said Donald Trump. The Canadian Prime Minister denounced the measure as a "direct violation."
The Canadian Prime Minister highlights "substantial progress" in trade negotiations with the US, but warns that there remains "an important job" to doTrump is escalating the trade war with Canada and announces tariffs of 50% The President of the United States, Donald Trump, announced this Tuesday that he has decided to pause for three days the entry into force of tariffs of 50% on imports from Canada, scheduled for this Wednesday, by ensuring th…
Trump delays 50 per cent tariffs on Canada for three days
OTTAWA - Canada has temporarily dodged 50 per cent tariffs on roughly $28-billion worth of goods after U.S. President Donald Trump announced late Tuesday he would delay the levies for three days.
Less than two hours before the entry into force of new US tariffs, the US and Canada agreed on a three-day postponement. Both sides want to use the deadline for further negotiations - but the dispute continues.
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