Late-night deal freezes 50% Canada tariffs, hints Keystone XL revival

1 min read
Source: Al Jazeera
Late-night deal freezes 50% Canada tariffs, hints Keystone XL revival
Photo: Al Jazeera
TL;DR Summary

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.

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