Trump Delays 50% Tariffs on Canadian Goods After Last-Minute Deal
President Donald Trump has delayed the enforcement of 50% tariffs on certain Canadian goods for an additional three days due to a last-minute trade agreement. These tariffs, which will impact approximately $20 billion worth of imports, are now set to be implemented at 12:01 a.m. ET on August 22.
Key facts
- Trump paused 50% tariffs on certain Canadian goods for three days
- The pause was announced hours before the duties were set to take effect
- He cited progress toward a bilateral trade agreement
- The tariffs would have covered roughly $20 billion in Canadian imports
- The new effective date is 12:01 a.m. ET on August 22
Entities
Artists
- Donald Trump
Locations
- Canada
Sources
- Quartz —