Trump pauses 50% tariffs on Canada for 3 days
President Trump said late Tuesday that he paused the 50 percent tariffs on a slew of Canadian goods for three days, saying the U.S. and Canada are finalizing a deal. The announcement comes just a few hours before the tariffs were supposed to go into effect at midnight. “I have paused the 50% Tariffs against...
US President Donald Trump has paused 50% tariffs on Canadian goods for three days. The tariffs, which were set to take effect at 12:01 a.m. ET on Wednesday, targeted dozens of products including hockey sticks, wine, dairy products, honey, and alcoholic beverages. According to Trump, the pause is based on the fact that Canada and the US have a deal, subject to finalization of documents.
The deal may include a renewed effort to build the Keystone Pipeline, according to Trump, who mentioned it in a social media post. The tariffs were expected to hit only a fraction of US imports from Canada, but would have affected $20bn worth of goods.
The pause comes after negotiations between Trump and Canadian officials, with Trump announcing the decision on social media late on Tuesday.
Brief written by urgent.news from The Hill, ABC News (US), The Guardian US, FXStreet, Global News — 5 reports on this story. Machine-written — may contain errors; check the original before relying on it.
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