International
Trump Pauses 50% Tariffs on Canadian Imports for Three Days
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THE BRIEF
1
US President Donald Trump announced a three-day pause on 50% tariffs against Canada on August 18, 2026, citing a new deal between the two nations.
2
The proposed duties would have impacted approximately $20 billion worth of US imports from Canada, covering goods ranging from hockey sticks to medical equipment.
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The pause follows phone negotiations between Trump and Canadian Prime Minister Mark Carney, aiming to avoid economic disruption ahead of the upcoming US midterm elections.