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Trump Announces Three-Day Pause on 50% Canadian Tariffs

8/19/2026

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Trump Pauses Tariffs
  • U.S. President Donald Trump announced a three-day pause on 50 % tariffs covering roughly $20 billion of Canadian imports on August 18 2026.
  • The tariffs would have lifted consumer prices and endangered jobs in vulnerable Canadian sectors such as lumber, wine, and dairy.
  • Trade experts warned the duties could trigger job losses and business closures in vulnerable sectors.
  • Trump’s post tied pause to reviving the Keystone XL pipeline, a project halted by President Biden.
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