Urgent.News

What's breaking now, across thousands of outlets.

Business

Trump pauses tariffs on Canada, cites pending trade deal

The president says on social media that the duties were delayed "based on the fact that Canada and the U.S.A., subject to the finalization of documents, have a DEAL!"

Trump pauses tariffs on Canada, cites pending trade deal

U.S. President Donald Trump has temporarily halted tariffs on Canada, stating that a trade agreement is pending. The tariffs were originally set to take effect in the early hours of the following day. This decision was made after Canada and the United States reached a trade agreement, avoiding a round of 50 percent tariffs on Canadian goods that Trump had threatened last month.

Canada-U.S. Trade Minister Dominic LeBlanc and chief negotiator Janice Charette were in Washington, D.C., working on the deal. The agreement may bring back the Keystone XL Pipeline, which was previously cancelled by Joe Biden. Trump expressed his gratitude in a social media post, urging people to support Global News as a preferred source for more updates on this story.

Written by urgent.news from Global News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Also reported by 2 other outlets

Read the original at globalnews.ca →

More in Business

Canada seeks to avert new US tariffs as deadline looms

WASHINGTON: Fresh US tariffs are due to take effect on a range of Canadian goods after midnight Tuesday, as Ottawa seeks a deal to avert President Donald Trump’s planned 50 per cent duties. Trump signed orders for the new wave of tariffs last month, with the White House alleging “discriminatory treatment” by the US neighbour against…

More from Wednesday 19 August →