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Trump Pauses Canada Tariffs as US and Canada Near Trade Deal. President Donald Trump has delayed new 50% tariffs on Canadian imports for three days as negotiations advance. Trump said both countries had reached a deal, pending completion of the final documents and remaining details. The tariffs were due to affect nearly 20 billion dollars worth of Canadian goods entering America. The two governments remain divided over automobiles, dairy access and Canadian restrictions on American alcohol sales. Prime Minister Mark Carney confirmed substantial progress but warned important work still remained before reaching agreement. Trump also suggested a final deal could revive the controversial Keystone XL oil pipeline between Canada and America. Negotiators reportedly discussed reducing American tariffs on Canadian vehicles from 25% to 15%. However, disagreements remain over which vehicles would qualify for those reduced tariffs under the proposed agreement. Businesses on both sides welcomed the delay, warning that higher tariffs could increase costs and disrupt critical supply chains.
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