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Topic: carney

President Donald Trump greets Canadian Prime Minister Mark Carney at the White House
Economy
Wednesday, 8/19, 10:32 PM

Trump pauses 50% tariffs as the US and Canada close in on a trade deal

  • President Donald Trump paused threatened 50% tariffs on roughly $20 billion of Canadian goods for three days on Wednesday, saying the two countries had reached 'a very fair' trade agreement that still needs its documents finalized.
  • Prime Minister Mark Carney was more guarded, saying substantial progress had been made but important work remains.

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