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Trump pauses 50% tariffs on goods from Canada, says two sides have a deal

Trump said the pause will give negotiators three days to finalize a deal that would cover about $20 billion in Canadian imports, officials said.

  • U.S. President Donald Trump announced a three-day pause on planned 50% tariffs targeting about $20 billion worth of Canadian imports, signaling progress toward a potential trade deal between the two countries.
  • The tariffs would affect a wide range of Canadian products including alcohol, sports equipment, cement, and food items, with immediate costs impacting U.S. importers rather than Canadian consumers.
  • Canadian Prime Minister Mark Carney confirmed substantial negotiations were advancing but stated that important work remains to finalize the trade agreement.
  • The emerging trade deal may include the possible revival of the Keystone XL pipeline, though key issues like tariffs on lumber and longstanding disputes remain unresolved.
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Politico broke the news in Arlington County, United States on Tuesday, August 18, 2026.
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