Last-minute deal stalls 50% tariffs on Canadian goods
TL;DR
President Trump paused 50% tariffs on Canadian goods for three days after a last-minute deal with Canada, with details pending and a midnight deadline; talks centered on concessions around autos, dairy, and wines, but the macro impact may be limited since only a small share of Canadian exports would be affected, and the outcome could influence USMCA renegotiations.
Topics:top-newspolitics-and-government#canada#politics-and-government#tariffs#trade-negotiations#us-canada-trade#usmca
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- Trump pauses tariffs on Canadian imports, Carney says key work remains Reuters
- Trump pauses 50% scheduled tariffs on Canada for three days, announces 'deal' with Ottawa CNBC
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