Trump pauses 50% Canadian tariffs after last-minute trade deal with Carney
US President Donald Trump has paused planned 50% tariffs on Canadian goods for three days following intensive negotiations with Canadian Prime Minister Mark Carney. The two nations are reportedly close to a trade deal that addresses US concerns regarding automotive policies, dairy quotas, and alcohol sales.
Why it matters
This trade agreement is critical for North American economic stability and could potentially revive major infrastructure projects like the Keystone XL pipeline.
Home News World Sports Entertainment Science Royal Trending Health Videos Technology World Trump pauses 50% Canadian tariffs after last-minute trade deal with Carney The US President Donald Trump pauses new 50% tariffs on Canadian goods for 3 days as Washington and Ottawa are close to a trade deal after last-minute talks
U.S. President Donald Trump announced a three-day pause on new 50% tariffs on certain Canadian goods that were scheduled to take effect Wednesday.
The last-minute reprieve follows ‘intense’ talks with Mark Carney to avert 50% levies on billions of dollars in goods
The heavy duties which would have affected various Canadian goods just ahead of a midnight deadline were suspended following intense last-minute negotiations.
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