By Elisabeth Buchwald, CNN (CNN) — President Donald Trump late Tuesday postponed his threat of a 50% tariff on a wide range of Canadian goods that was set to take effect at midnight and would have affected roughly $20 billion worth of imports.
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President Trump’s belligerent approach to dealing with Canada marks an extraordinary departure from the traditionally cooperative relationship between the two countries.
The Section 338 tariffs were set to take effect at 12:01 a.m. Wednesday but will now be postponed until the end of Aug. 21, according to Carney's office.
President Donald Trump announced on Aug. 18, 2026, that he is pausing planned 50% tariffs on $20 billion worth of Canadian imports following a last-minute agreement between the two nations.
The announcement, which Trump made on his social media platform, buys time for more negotiations and avoids, for now, another strain in already tense relations between the historic allies.
By Elisabeth Buchwald, CNN (CNN) — President Donald Trump late Tuesday postponed his threat of a 50% tariff on a wide range of Canadian goods that was set to take effect at midnight and would have affected roughly $20 billion worth of imports.
For the better part of two decades, American energy policy has been strangled by politicians who’d rather we grovel before foreign adversaries for oil than...
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Trump pauses 50% Canada tariffs, says the two sides have a ‘deal’ | Since Then
