International
Trump delays new tariffs on Canadian goods for three days

Trump delays new tariffs on Canadian goods for three days

BBC2h
THE BRIEF
1

US President Donald Trump announced a three-day pause on imposing new 50% tariffs on Canadian imports, stating that both nations have reached a trade deal subject to finalising documents.

2

The delay was announced on Tuesday night, less than two hours before the 50% levy on nearly $20 billion of Canadian goods was scheduled to take effect on August 19.

3

The proposed trade agreement could revive the Keystone XL pipeline project, which is designed to carry 830,000 barrels of oil per day from Alberta to the United States.