President Donald Trump on Tuesday announced he would be pausing his planned 50% tariffs on Canadian goods just hours before they were meant to take effect, avoiding a trade war between the United States and its northern neighbor.
“I have paused the 50% Tariffs against Canada, that were scheduled to kick in tomorrow morning for a three day period, based on the fact that Canada and the U.S.A., subject to the finalization of documents, have a DEAL!” Trump posted on Truth Social.
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