Economy · Trump pauses Canada tariffsTrump Pauses Canada Tariffs 3 Days Citing Deal — Canada Says Work RemainsAired August 19, 2026 at 12:40 PM UTCWritten September 7, 2026 at 9:22 PM UTCRead the write-upThis storyTranscript · LOADING0:00New US tariffs on Canadian goods due0:02Wednesday are on hold for 3 days after0:04President Trump said a US-Canada deal0:06was reached. While Canada's Prime0:07Minister said there was progress, but0:09important work still remains. The split0:11framed the entire [music] delay.0:13Washington described it as a deal done.0:15Ottawa described it as progress without0:17an agreement, leaving the terms and0:19scope unresolved. That contradiction0:21matters because [music] the pause0:23interrupts negotiations that were0:24deadlocked and far apart just days0:26before the August 19 deadline. Canada0:29had been seeking comprehensive relief0:30that would remove the threatened new0:32tariff [music] and reduce existing0:34Section 232 duties on steel, aluminum,0:37autos, and lumber. The threatened new0:39measure is described [music] as a 50%0:41tariff on $28 billion in Canadian0:43exports on top of the existing sectoral0:46duties.0:47The delay is temporary with the same0:49[music] duties poised to snap back into0:50place in 3 days if no further progress0:52is made. The immediate stakes fall on0:54lumber, wine, [music] and dairy where0:56trade experts warn the duties could0:58bring job losses and business closures.1:00Workers, businesses, and provinces have1:02days to prepare with no agreed relief.1:04Until this pause, talks in Washington1:06had stalled with the United States1:08bullish on keeping sectoral tariffs and1:10Canada offering concessions seen as1:11insufficient, including a linked dispute1:13over provinces restoring US alcohol to1:15shelves. The tariffs themselves are1:17described as a central pillar of trade1:19and foreign policy despite domestic1:20legal setbacks including at the US1:22Supreme Court. With no specifics1:24released and no terms agreed, the 3-day1:26hold buys time but does not resolve the1:28deadlock. If no breakthrough lands, the1:30position from days ago returns and the1:32duties threatened for Wednesday move1:34forward.1:35Like and follow for more stories that1:37matter.Explore with HeyDexFollow via RSSThe shortThe short ↗