US and Canada reach ‘very fair’ trade agreement, Trump says
New trade deal ensures no tariffs for US farmers and businesses exporting to Canada, Trump announces. United States President Donald Trump said the US has reached “a very fair” trade deal with Canada that will include no tariffs on exports by US farmers and businesses to Canada.
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Key Facts
- Fact 1: Landmark trial on Meta’s impact on children’s mental health begins in US Trump and Carney speak ahead of US tariff deadline Trump pauses 50 percent tariffs on Canada in last-minute deal China’s Unitree soars in market debut as investors bet on humanoid robots Late Tuesday, Trump announced that he would put a three-day pause on 50 percent tariffs that were set to take effect on Wednesday following a “good conversation” with Canadian Prime Minister Mark Carney.
- Fact 2: “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 on Tuesday.
- Fact 3: The new tariffs would have covered about $20bn worth of imports.
- Fact 4: On Monday, in a meeting that included US Trade Representative Jamieson Greer and Commerce Secretary Howard Lutnick, Canada and the US discussed cutting the US’s Section 232 tariffs – a tariff that is implemented after a US Commerce Department investigation finds that imports threaten US national security – on Canadian vehicles to 15 percent from 25 percent, with further reductions based on the amount of US content in each vehicle.
New trade deal ensures no tariffs for US farmers and businesses exporting to Canada, Trump announces. United States President Donald Trump said the US has reached “a very fair” trade deal with Canada that will include no tariffs on exports by US farmers and businesses to Canada.
“We have no tariffs going into Canada,” Trump told reporters on Wednesday, adding that “tariffs will be non-existent for farmers”. Landmark trial on Meta’s impact on children’s mental health begins in US Trump and Carney speak ahead of US tariff deadline Trump pauses 50 percent tariffs on Canada in last-minute deal China’s Unitree soars in market debut as investors bet on humanoid robots Late Tuesday, Trump announced that he would put a three-day pause on 50 percent tariffs that were set to take effect on Wednesday following a “good conversation” with Canadian Prime Minister Mark Carney. “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 on Tuesday.
(Original synthesis pending human/AI review — generated by the stub provider by selecting real sentences from the source material, not by writing new analysis or commentary.)
Original source: Al Jazeera
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