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The Economic Times

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US Canada trade deal: Trump announces pause on 50% tariffs on Ottawa

US President Donald Trump announced a pause on upcoming tariffs against Canada. These tariffs were scheduled to begin on Thursday for a short duration. He stated that both nations have reached an agreement, pending final document completion. The potential revival of the Keystone XL Pipeline was also mentioned in his announcement. This development suggests a positive shift in trade relations between the two countries.

19 Aug 2026 7:54 am