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International
Trump pauses 50% tariffs on Canadian imports after last‑minute deal
✍️ Times of India
🗓 19 Aug 2026, 08:41 AM
👁 1
President Donald Trump announced on social media that the United States will delay the 50% tariffs on Canadian goods, giving both sides more time to negotiate a broader trade pact.
Washington – President Donald Trump used his social‑media platform to confirm that the United States will postpone the 50% tariffs slated for a range of Canadian imports. The decision follows a flurry of last‑minute talks between U.S. and Canadian officials aimed at defusing a growing trade dispute.
The deferred tariffs would have touched roughly five percent of Canada’s export basket to the United States, covering sectors such as dairy, lumber and certain manufactured goods. By pausing the duties, both governments hope to secure a comprehensive trade agreement that addresses lingering grievances.
The move comes amid already tense bilateral relations, with both capitals seeking to avoid a full‑scale trade war. Analysts say the temporary relief provides a diplomatic window to negotiate terms that could benefit exporters on both sides.
No specific timeline was given for when the tariffs might be reinstated, and officials indicated that further discussions will continue in the coming weeks.
The deferred tariffs would have touched roughly five percent of Canada’s export basket to the United States, covering sectors such as dairy, lumber and certain manufactured goods. By pausing the duties, both governments hope to secure a comprehensive trade agreement that addresses lingering grievances.
The move comes amid already tense bilateral relations, with both capitals seeking to avoid a full‑scale trade war. Analysts say the temporary relief provides a diplomatic window to negotiate terms that could benefit exporters on both sides.
No specific timeline was given for when the tariffs might be reinstated, and officials indicated that further discussions will continue in the coming weeks.