Trump Pauses 50 Percent Tariffs for 3 Days After Canada and US Reach Deal
U.S. President Donald Trump announced that he paused the 50 percent tariffs that were set to take effect on Aug. 19 for a period of three days, as Ottawa and Washington reached a trade deal. “I have paused the 50% Tariffs against Canada, that were scheduled to kick in tomorrow morning for a three day […]
TL;DR
- U.S. President Donald Trump paused 50% tariffs against Canada for three days.
- The tariffs were scheduled to take effect on August 19.
- A trade deal has been reached between Canada and the U.S.A.
- The Keystone XL Pipeline, canceled in 2021, may be revived.
- Trump had previously authorized a permit for a portion of the pipeline in April.