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Trump Pauses 50% Tariffs on $20B Canadian Imports

8/20/2026

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Trump Pauses Tariffs
  • U.S. President Donald Trump announced a three-day pause on 50% tariffs on $20 billion of Canadian imports, starting 12:01 a.m. EDT August 19, 2026.
  • The pause was framed as shielding U.S. families and Canadian producers from price spikes and job losses, especially in lumber, wine, dairy.
  • The tariffs lacked USMCA duty-free exemptions.
  • Trade experts warned the duties could close lumber, wine and dairy businesses.
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