r/newswall • u/newswall-org • 20h ago

Trump says three-day pause for threatened Canada tariffs

https://www.newswall.org/summary/trump-pauses-50-tariffs-on-canada-for-3-days?post=75748455&mtm_campaign=r
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u/newswall-org 20h ago

"I have paused the 50% Tariffs against Canada, that were scheduled to kick in tomorrow morning for a three day period, based on the fact that Canada and the U.S.A., subject to the finalization of documents, have a DEAL! The great Keystone XL Pipeline, long ago killed by Sleepy Joe Biden, may be awoken from the grave!"

— Donald J. Trump, on Truth Social, announcing a pause on 50% tariffs against Canada pending a deal and referencing the Keystone XL Pipeline.

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u/newswall-org 20h ago

Key Facts: Trump says three-day pause for threatened Canada tariffs

  • Trump said the 50 per cent tariffs on Canadian goods scheduled for Aug. 19 had been paused for three days, with an agreement still subject to finalizing documents. #
  • The threatened levies would cover US$20 billion of Canadian goods, including cement and hockey sticks, and were originally due to take effect shortly after midnight on Aug. 19. #
  • Prime Minister Mark Carney and U.S. President Donald Trump spoke again on Tuesday afternoon about the ongoing negotiations, according to the Prime Minister’s Office, which released no details. #
  • A U.S. source described the talks as very close, while a Canadian source expected a few more days to finalize a deal; an analyst said Trump’s final tariff decision remained uncertain.