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Trump postpones 50% tariff on Canada for three days

2026-08-19 09:08:17Kosova&Bota SHKRUAR NGA REDAKSIA VOX

US President Donald Trump has suspended for three days the imposition of a 50% tariff on a wide range of Canadian goods, which was expected to take effect this Wednesday morning (August 19).

Trump announced on Truth Social that the tariffs would be postponed until August 21, arguing that the US and Canada are close to finalizing a trade deal.

According to him, the negotiations have made significant progress.

The proposed tariffs would affect about $20 billion worth of products, including dairy products, alcohol, furniture, industrial equipment, plastics, clothing and other goods made in Canada.

"I have suspended the 50% tariff on Canada, which was scheduled to go into effect tomorrow morning, for a three-day period, based on the fact that Canada and the United States, subject to the finalization of the paperwork, have an agreement," Trump said.

Canadian Prime Minister Mark Carney confirmed the postponement, saying that “significant progress” had been made but that there was still work to be done. Carney and Trump have held intensive talks in recent days in an attempt to resolve the trade dispute.

Another point Trump mentioned was the Keystone XL pipeline project, which the US president said "could be resurrected," without giving further details. The tariffs would have been broad in scope and would also include products that typically benefit from preferential treatment under the US-Mexico-Canada trade agreement (USMCA).

The US Chamber of Commerce had warned that such tariffs would harm both economies, raise costs for American consumers and disrupt supply chains.


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