Canada has dodged President Donald Trump’s threat of 50 -per cent tariffs – at least for now.
Trump went on social media late Tuesday to say he was pausing for three days the taxes on USD 20 billion worth of Canadian imports less than two hours before they were set to go into effect.
Speaking to reporters at the White House Wednesday, Trump said that talks with Canada yielded a “very fair deal for both” sides. “Our farmers are going to be thrilled, our manufacturers are going to be thrilled,” Trump said in an impromptu gaggle during a tour of South Lawn construction.
Trump also noted that the agreement is all subject to the “finalization of documents.” For now, the tariffs have been postponed until 12:01 am Saturday.
Dominic LeBlanc, the minister responsible for Canada-US trade, returned to Ottawa on Wednesday to meet Canadian Prime Minister Mark Carney, who was also set to chair Cabinet and a virtual meeting with provincial and territorial leaders.
Trump’s tariff threat would hit
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