Trump Pauses Canada Tariffs
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For three days this week, Washington and Ottawa get to act like a trade crisis got solved. It didn't. On August 18, the White House suspended a fresh round of tariffs on Canadian alcohol, dairy, and motor vehicles that were set to run as high as 50 percent.
Can Trump still impose new tariffs? He can. Earlier this year, the Supreme Court struck down Trump's use of a specific law, the International Emergency Economic Powers Act, to impose tariffs. In doing so, the Court ended many of his most sweeping tariffs and took away his favorite way to impose them.
Tension could hit new heights at 12:01 a.m. Wednesday if Trump goes ahead with his plan to impose 50% tariffs on $20 billion worth of Canadian products, ranging from hockey sticks to tongue depressors.
Canada is preparing for sweeping US tariffs that will hit billions of dollars in goods, as Mark Carney made a last-minute call to convince Donald Trump to pull back before a midni
Live updates: Trump delays new tariffs on Canada amid talks; Florida, Wyoming primaries yield upsets
President Trump announced late Tuesday he would pause the 50 percent tariffs on many Canadian goods for three days, saying the U.S. and Canada are finalizing a deal. The tariffs were expected to go
Canada could weaken its negotiating position if it makes further concessions to the U.S., says Diamond Eisinger, a former special advisor on Canada-U.S. relations in the Prime Minister’s Office.
Canada is seeking a deal to dodge further economic pain at the hands of the Trump administration on midnight Tuesday. But at what cost?
Final countdown for Canada to avoid 50% tariffs from the US Washington and Ottawa are down to the wire with last-minute talks to reach an agreement by 12:01 a.m. Wednesday, when President Donald