Wednesday, August 19, 2026Latest
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Three-day pause puts planned Canadian import tariffs on hold

President Donald Trump paused planned 50% tariffs on about $20 billion worth of Canadian imports, including some building materials, liquor, apparel and hockey sticks. The three-day pause follows a tentative deal with Canada that still requires final documentation.

The tariffs had raised concerns about higher costs for importers and consumers in both countries. Negotiations have continued for weeks, with Canadian officials working to finalize an agreement before the pause ends.

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