NewsWSVN 7 News MiamiAugust 19, 2026Miami-Dade
President Trump pauses 50% tariffs on Canadian imports for three days
President Trump has delayed the implementation of 50% tariffs on $20 billion worth of Canadian goods for three days following a last-minute agreement between the U.S. and Canada. The pause allows for continued negotiations regarding U.S. concerns over Canadian trade policies on alcohol, dairy, and motor vehicles.
Read the full story at WSVN 7 News MiamiWhy It Matters
The delay prevents an immediate increase in costs for U.S. importers and consumers that would have resulted from a 50% tax on a wide range of Canadian products, while keeping trade relations in a temporary state of uncertainty.
Key Facts
- President Trump paused 50% tariffs on $20 billion of Canadian imports for three days.
- The tariffs were originally scheduled to take effect at 12:01 a.m. Wednesday.
- The U.S. and Canada traded $880 billion in goods and services last year.
- The Trump administration is using Section 338 of the Tariff Act of 1930 as the legal basis for the tariffs.
- Section 338 allows the president to impose up to 50% tariffs on countries deemed to discriminate against U.S. businesses without requiring an investigation.
- Canada threatened retaliatory levies if the U.S. tariffs were implemented.
- The U.S. is seeking concessions from Canada regarding alcohol, dairy, and motor vehicle exports.
- Nearly 72% of Canada's goods exports went to the U.S. last year.
- The Supreme Court previously struck down other tariffs imposed by the administration in February 2026.
Who's Mentioned
personCandace Laing“President and CEO of the Canadian Chamber of Commerce”personMark Carney“Canadian Prime Minister”otherTariff Act of 1930“Legal authority cited for the proposed tariffs”personRyan Majerus“Partner at King & Spalding and former U.S. trade official”otherUS-Mexico-Canada Agreement“North American trade pact currently under renegotiation”personDonald Trump“President of the United States”