Late-night deal freezes 50% Canada tariffs, hints Keystone XL revival
TL;DR
The US and Canada reached a last-minute agreement to suspend 50% tariffs on about $20.2 billion of Canadian exports until August 22, subject to final documents, easing fears of a trade conflict; Trump tied the pause to a possible revival of the Keystone XL pipeline, while Canada’s Mark Carney said substantial progress has been made but more work remains.
- US, Canada reach trade deal to avert steep tariffs, Trump says Al Jazeera
- Trump’s Tariffs on Hold as President Claims Deal With Canada Is Near The New York Times
- Trump Pauses New 50% Tariffs On Canada Claiming Last-Minute Deal Forbes
- Trump postpones 50% tariff he threatened for some Canadian goods CNN
- Trump says US and Canada strike deal, temporarily pauses tariffs Reuters
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