International
U.S. And Canada Try to Reach Last-minute Deal on Tariffs
UNITED STATES – President Donald trump announced on Tuesday that he is delaying a 50% tariff on $20 billion worth of Canadian imports, just hours before the sanctions were set to take effect.
UNITED STATES – President Donald trump announced on Tuesday that he is delaying a 50% tariff on $20 billion worth of Canadian imports, just hours before the sanctions were set to take effect.
In a post on his social media platform, trump said he paused the 50% tariffs against Canada for a three-day period.
This last-minute deal provides time for further negotIations, easing tensions between the two historic allies.
If implemented, the tariffs would have affected Canadian products ranging from hockey sticks to tongue depressors.
Canada had threatened retaliation, aggravating a trade dispute valued at $880 billion last year.
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