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Wednesday, 19 August 2026

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Trump suspends 50% tariffs on Canada after agreement

The American president has postponed the implementation of tariffs while discussions on the Keystone XL pipeline continue.

Donald Trump announced the suspension of the 50% tariffs on Canada, initially set to take effect tonight. According to provided information, the agreement concerns heavy tariffs that had been announced by the American president last month.

Canadian Prime Minister Mark Carney stated that the United States and Canada have made significant progress in trade negotiations, although he emphasized that there is still much work to be done.

Trump mentioned on his Truth profile the possibility of a revival of the Keystone XL pipeline, previously blocked by the Biden administration's decision. In the current context, the future of the project seems to be up for discussion.