US President Donald Trump delays new tariffs on Canadian goods for three days as both countries finalize a trade deal. Move aims to ease tensions. DailyToday World Update.
WASHINGTON, Aug 19, 2026 – DailyToday World Desk
US President Donald Trump has announced a three-day pause on new tariffs targeting a wide range of Canadian products.
The decision comes as Washington and Ottawa move closer to finalizing a new trade agreement, Trump said in a statement Tuesday.
NewsArticle
Headline: Trump Pauses New Canada Tariffs for 3 Days, Says Trade Deal Near Completion
Author: DailyToday Network
DatePublished: 2026-08-19
1. **Tariff Delay**: New duties on Canadian goods will not take effect for 72 hours.
2. **Reason**: Both sides are “firming up” terms of a pending trade deal.
3. **Scope**: The paused tariffs cover multiple sectors, though officials have not released a full list.
Tensions rose last month when the US threatened fresh tariffs over disputes on dairy, lumber, and auto parts. Canada had warned of retaliatory measures.
Market Reaction:
The Canadian dollar gained slightly against the USD after the news. Trade analysts call it a “positive signal” that avoids immediate escalation.
**What’s Next?**
If a deal is signed within three days, the tariffs may be dropped entirely. If talks fail, the duties will go into effect automatically.
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