Trump delays 50% Canada tariffs for 3 days as trade deal emerges
The U.S. will wait three days before introducing new tariffs on Canadian goods as negotiations between the two countries continue. President Donald Trump commented, “I have paused the 50% Tariffs against Canada that were scheduled to kick in tomorrow morning for a three-day period.”
He further contended that the countries have already struck a deal and are now working through the remaining paperwork.
Canadian Prime Minister Mark Carney also noted that the talks have moved forward considerably, though important work remains. Tuesday marked Trump and Carney’s second call this week, anchoring previous weeks of negotiations since July. Initially, the American president had set the new Canadian levy deadline for 19th August.
Trump had hinted that a deal could renew the Keystone XL pipeline project
The two nations have mainly been divided on U.S. auto tariffs and Canada’s provincial bans on American alcohol. In a post on the White House site, Trump said Canada pledged to attend to U.S. complaints about dairy, booze, and car duties.
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