US pauses planned 50% tariffs on Canada after tentative trade deal
US President Donald Trump has paused 50% tariffs on Canadian imports for three days, citing a preliminary trade deal pending document finalization.
US President Donald Trump has paused the implementation of 50% tariffs on Canadian imports for three days, stating that both countries have reached a tentative trade agreement.
The announcement came late Tuesday, mere hours before the punitive duties on billions of dollars in Canadian goods were scheduled to take effect. Posting on social media, Trump stated that the tariffs were suspended "based on the fact that Canada and the U.S.A., subject to the finalization of documents, have a DEAL!"
The temporary reprieve averts an immediate escalation in cross-border trade friction as officials from Washington and Ottawa work to finalize the formal documentation before the deadline. The tariff dispute had threatened extensive commercial ties between the two neighbours.
Sources: BBC News, Bloomberg, ORF, The Guardian, The Journal.
Sources
- BBC News — Trump pauses new tariffs on Canada and says countries close to a deal
- The Guardian — Trump hits pause on Canada tariffs threat, and hints at revival of Keystone XL oil pipeline project
- Bloomberg — Trump Delays 50% Tariffs on Canadian Products
- The Journal — Trump pauses 50% tariffs on Canada, saying the two sides 'have a deal'
- ORF — Trump setzte Strafzölle gegen Kanada in letzter Minute aus
Earlier coverage
- Sep 1, 2026, 01:30 PM UTCCanada to outline counter-tariffs and economic support after US trade talks collapse
- Sep 1, 2026, 08:00 AM UTCCanada prepares retaliatory tariffs following breakdown in US trade talks
- Sep 1, 2026, 05:00 AM UTCCanada prepares retaliatory package as US imposes 50 percent tariffs
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- Aug 30, 2026, 10:00 AM UTCCanada prepares retaliatory tariffs following US trade deal collapse
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- Aug 30, 2026, 01:00 AM UTCCanada prepares retaliatory package as US tariffs take effect
- Aug 29, 2026, 11:30 PM UTCUS-Canada trade conflict deepens as 50 percent tariffs take effect
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