President Trump announced on August 19, 2026 that the US and Canada had reached a deal pausing the planned 50% tariffs on roughly $20 billion of Canadian goods. Trump said the agreement could also revive the controversial Keystone XL pipeline project.
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Trump pauses 50% tariffs on goods from Canada, says two sides have a deal reuters.com
Donald Trump said the deal, reached the day before 50% tariffs were set to take effect, could also revive the controversial Keystone XL pipeline project.
Trump's threat of a 50% tariff on a wide range of Canadian goods will not take effect at 12:01 a.m. ET, he announced hours before, sparing roughly $20 billion worth of imports. President Donald Trump late Tuesday postponed his threat of a 50% tariff on a wide range of Canadian goods that was set to take effect at midnight and would have affected roughly $20 billion worth of ...