Trump pauses 50% tariffs on Canada for 3 days

President Donald Trump late Tuesday slammed the brakes on a wave of tariffs that were set to hit Canada at midnight.

On social media, Trump wrote: “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 did not provide further details, except to reference the Keystone XL pipeline, which he said “may be awoken from the grave!”

Prime Minister Mark Carney’s office did not immediately respond to a request for comment about the deal.

The 50% duties would have impacted about $20 billion worth of U.S. imports from Canada, according to the U.S. Trade Representative’s office. The import taxes would have hit products ranging from hockey sticks, to some building materials, liquors and certain kinds of clothing.

The last-minute deal came after more than a week of furious meetings and technical talks.

On Monday afternoon, Prime Minister Mark Carney described the talks with the Trump administration as “very delicate and intense” but did not provide any further details. Carney and Trump spoke later that afternoon, Carney’s office told NBC News.

Original source: https://www.nbcnews.com/sports