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!"
U.S. President Donald Trump has paused tariffs on Canada for three days, pending the completion of a trade deal between the two nations. The tariffs, which were set to take effect the following morning, would have impacted a wide range of Canadian goods, totaling approximately $28 billion. The announcement was made on Trump's Truth Social post, stating that the deal was reached subject to final documents.
The trade agreement, if finalized, would have avoided the 50% tariffs imposed by Trump on Canadian products. Canada-U.S. Trade Minister Dominic LeBlanc and chief negotiator Janice Charette had been in Washington, D.C., working on the deal. The Keystone XL pipeline, once a contentious issue, was briefly mentioned by Trump in his social media post, with an image of him seemingly reviving the project. However, it is unclear how much of the trade negotiations focused on this energy project.
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- Trump pauses tariffs on Canada, cites pending trade deal globalnews.ca
- Trump delays 50% tariffs on Canada imports for 3 days supplychaindive.com
