Trump announces pause on 50% tariffs for Canada after reaching ‘a DEAL’

The 50 per cent tariffs were due to go into effect overnight

The potential revival would mark another effort by Trump to reverse Biden-era policies on the controversial pipeline.

President Donald Trump late Tuesday announced a three-day pause on imposing 50% tariffs on Canada with mere hours before they were to go into effect.

The president announced late Tuesday night that the two governments had reached an initial agreement to avert the 50 percent duty.

US president delays 50% tariffs by three days, and says contentious oil project ‘may be awoken from the grave’ Canada has temporarily avoided a bruising 50% US tariff, reaching a Tuesday evening agreement with Trump officials, hours before a hike that would have affected $20bn worth of goods was set to take effect. Tru

Trump's import taxes would have hit about 5 per cent of what Canada ships to the United States every year.

President Donald Trump said he is pausing the new 50% tariffs on Canadian goods set to go into effect, citing a deal between the between the U.S. and Canada.

Washington and Ottawa reach agreement to avert 50 percent duty on Canadian exports shortly before midnight deadline.

Trump has already imposed a variety of tariffs on Canada and its specific exports, including metals, lumber and auto parts.

US President Donald Trump said he had ‌paused ⁠50% tariffs on goods from Canada that were scheduled to ‌start ⁠for ‌a three day period, saying ⁠the ‌two countries had reached a ⁠deal.