Uploaded August 2026 | Updated September 2026, 2 weeks ago
The Trump administration has delayed 50 per cent tariffs on a range of exports from Canada to the U.S. for at least three days.
Late Tuesday night, just hours before the U.S. was scheduled to enforce levies under Section 338 of the Tariff Act of 1930, President Trump announced on social media that he was pausing the measures until the end of day, Friday, August 21.
Trump said the extension was granted because the two nations, "subject to the finalization of documents, have a DEAL!" while also noting that the long-dormant Keystone XL pipeline project "may be awoken from the grave!"
Prime Minister Carney responded with a more measured tone.
"Substantial progress has been made, although there is important work still to be done," he said, in an official statement.
Beyond the mention of Keystone XL, neither Trump nor Carney has shared further details about a potential agreement to update terms of trade between Canada and the U.S.
The U.S. Trade Representative's office congratulated the president on social media, saying the deal "will include comprehensive market access for all American goods, economic security commitments, digital trade alignment, and many important provisions that will continue to protect our market and American workers, along with our Canadian partners."
The pause comes after at least five meetings involving Canada's Minister for U.S. Trade, Dominic Leblanc, Canada's chief trade negotiator Janice Charette, and USTR Jamieson Greer leading up to the August 19 deadline.
While most agricultural exports—such as canola, wheat, live cattle, and seafood—are excluded, the Section 338 tariffs would hit secondary agricultural goods and agricultural equipment coming from Canada. The list includes dairy products, alcohol, plant-based proteins, honey, and sugars. Agricultural equipment manufacturers in Canada could also face new 50 per cent tariffs as the proposed Section 338 duties also cover a wide range of machinery categories.
The president of the Canadian Chamber of Commerce says the delay provides welcome relief, but the extension doesn't bring the certainty for businesses that a signed interim deal would.
"We know that stability is in short supply and businesses will take any ounce they can get. This limbo state is not anyone’s preferred outcome — time is of the essence," says Candace Laing. "We commend the negotiating team for their work and sense of urgency this week, and call on them to keep it up: ultimately, a resilient and integrated North American economy would be a stronger one for all."
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The Trump administration has delayed 50 per cent tariffs on a range of exports from Canada to the U.S. for at least three days.
Late Tuesday night, just hours before the U.S. was scheduled to enforce levies under Section 338 of the Tariff Act of 1930, President Trump announced on social media that he was pausing the measures until the end of day, Friday, August 21.
Trump said the extension was granted because the two nations, "subject to the finalization of documents, have a DEAL!" while also noting that the long-dormant Keystone XL pipeline project "may be awoken from the grave!"
Prime Minister Carney responded with a more measured tone.
"Substantial progress has been made, although there is important work still to be done," he said, in an official statement.
Beyond the mention of Keystone XL, neither Trump nor Carney has shared further details about a potential agreement to update terms of trade between Canada and the U.S.
The U.S. Trade Representative's office congratulated the president on social media, saying the deal "will include comprehensive market access for all American goods, economic security commitments, digital trade alignment, and many important provisions that will continue to protect our market and American workers, along with our Canadian partners."
The pause comes after at least five meetings involving Canada's Minister for U.S. Trade, Dominic Leblanc, Canada's chief trade negotiator Janice Charette, and USTR Jamieson Greer leading up to the August 19 deadline.
While most agricultural exports—such as canola, wheat, live cattle, and seafood—are excluded, the Section 338 tariffs would hit secondary agricultural goods and agricultural equipment coming from Canada. The list includes dairy products, alcohol, plant-based proteins, honey, and sugars. Agricultural equipment manufacturers in Canada could also face new 50 per cent tariffs as the proposed Section 338 duties also cover a wide range of machinery categories.
The president of the Canadian Chamber of Commerce says the delay provides welcome relief, but the extension doesn't bring the certainty for businesses that a signed interim deal would.
"We know that stability is in short supply and businesses will take any ounce they can get. This limbo state is not anyone’s preferred outcome — time is of the essence," says Candace Laing. "We commend the negotiating team for their work and sense of urgency this week, and call on them to keep it up: ultimately, a resilient and integrated North American economy would be a stronger one for all."
Website: realagriculture.com
#trade #farming #agriculture
Find us on our other social media platforms:
X/Twitter: twitter.com/realagriculture
Instagram: instagram.com/realagriculture
Facebook: facebook.com/realagmedia
