Trump Announces Pause on 50 Percent Tariff as US, Canada Reach Last Minute Deal

WASHINGTON—President Donald Trump announced on Aug. 18 that he would delay an additional 50 percent tariff on certain Canadian goods following last-minute talks between the two countries. The tariffs were originally set to take effect at 12:01 a.m. ET on Aug. 19.
Trump announced on Truth Social that the two countries have reached a deal.
“I have paused the 50% Tariffs against Canada, that were scheduled to kick in tomorrow morning for a three day period, based on the fact that Canada and the U.S.A., subject to the finalization of documents, have a DEAL!” he wrote.
Trump added that the Keystone XL Pipeline “may be awoken from the grave” as part of the deal….