Stories

Wed, 19 Aug 2026

Wed, 19 Aug 2026 Trump pauses new tariffs on Canada and says countries close to a deal

US President Donald Trump said he will delay imposing new tariffs on a wide array of Canadian goods for three days as the countries firm up a trade deal.

* US President Donald Trump has delayed imposing new tariffs on Canadian goods by three days.
* The tariffs, which were set to take effect today, will now be implemented on Friday instead.
* Trump announced the delay via social media, stating that a trade deal between the two countries is "close" and that he has paused the tariffs as a result.
* The deal could also allow for the revival of the Keystone XL pipeline, which was blocked by previous administrations.
* Canadian negotiators and businesses on both sides of the border have welcomed the delay, warning that the new tariffs would be harmful to both countries.
* Tensions between the two major trading partners have mounted since Trump returned to office in January last year and imposed a wide-ranging global program of tariffs.