Trump pauses 50% tariffs on Canadian goods for three days

Trump announced the three-day reprieve from 50-percent duties on select goods just hours before a midnight deadline.

Two sources said one of the main sticking points was US tariffs on Canadian vehicles.

The new tariffs would have affected about US$20 billion worth of Canadian imports. Businesses warned of job losses and disruption to vulnerable sectors including lumber, wine and dairy.

The temporary reprieve from Trump's 50-percent duties would last three days, the US leader said in a social media post.

Here’s what’s going on with the Trump administration’s plan for new tariffs for some Canadian goods.

President Trump said Tuesday that the U.S. and Canada have reached a last-minute agreement to pause the 50% tariffs.

Trump postpones 50% tariff he threatened for some Canadian goods  CNN

President Trump said Tuesday night he is pausing for three days 50% tariffs on billions of dollars worth of Canadian goods that were set to take effect early Wednesday. Why it matters: It follows an intense push in recent days — including talks between Trump and Canadian Prime Minister Mark Carney on Tuesday — to aver

Trump pauses 50% tariffs on goods from Canada, says two sides have a deal  Reuters

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

Relations between the U.S. and Canada could deteriorate further if Trump goes ahead with his plan to impose 50% tariffs on $20 billion worth of Canadian products

The Latest: Last-minute talks seek to stop US tariffs on Canadian goods  Toronto Star

Tension between Washington and Ottawa is already high, stoked by trade disputes and President Donald Trump's inflammatory comments about making Canada the 51st U.S. state