Trump says he paused 50% tariffs on some Canadian goods as deal being finalized

TL;DR

President Trump has paused 50% tariffs on Canadian goods scheduled to take effect.
The pause is for a three-day period, based on ongoing negotiations for a trade deal between the U.S. and Canada.
The 50% tariffs would have affected $20 billion worth of Canadian products.
Canada had threatened to retaliate with its own levies, potentially escalating a trade dispute.
Both countries have significant trade volumes, with nearly 72% of Canada's goods exports going to the U.S.
The Trump administration accused Canada of discriminatory actions regarding certain American goods.
The tariffs were invoked under Section 338 of the U.S. Tariff Act of 1930, a provision not previously used.
This section allows the president to impose up to 50% tariffs on imports from countries discriminating against U.S. businesses.

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