Trump: U.S., Canada Reached Last-Minute Deal to Delay 50% US Tariffs on Canadian Imports

President Trump said Tuesday he was delaying 50% U.S. tariffs on $20 billion worth of Canadian imports after the two countries reached a last-minute deal hours before the sanctions were to go into effect.

Trump: U.S., Canada Reached Last-Minute Deal to Delay 50% US Tariffs on Canadian Imports

TL;DR

  • President Trump announced a delay in 50% U.S. tariffs on Canadian imports.
  • The tariffs were set to impact $20 billion worth of goods.
  • The delay came after a last-minute deal was reached between the U.S. and Canada.
  • The sanctions were hours away from implementation when the deal was made.