Trump Pauses Canada Tariffs
The U.S. delayed 50% tariffs on Canadian imports for three days as talks continued.
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Updated Aug 19, 8:18pm ETEvery side, every morning
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The reporting
President Donald Trump late Tuesday paused for three days planned 50% tariffs on about $20 billion of Canadian imports, less than two hours before they were set to take effect. Trump said the U.S. and Canada have a deal subject to finalization of documents, while Prime Minister Mark Carney said it would secure terms for Canada’s strategic sectors. Key terms remained unclear, though reported negotiating terms included cutting Canadian-built vehicle tariffs to 15% from 25% and halving steel and aluminum tariffs to 25%.
Analysis & opinion
Tariff threat wrongLeft & Center
Trump’s tariff threat against Canada was unjustified and damaging toward a close ally and trading partner. His reversal only underscored that the threat was poorly conceived, and the explanation for backing down did not hold up.
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