Trump Pauses Canada Tariffs
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The U.S. is considering a plan to lower tariffs on Canadian steel and aluminum from 50% to 25%, while top-line automobile levies could fall from 25% to 15%.
Can Trump still impose new tariffs? He can. Earlier this year, the Supreme Court struck down Trump's use of a specific law, the International Emergency Economic Powers Act, to impose tariffs. In doing so, the Court ended many of his most sweeping tariffs and took away his favorite way to impose them.
By Promit Mukherjee and David Shepardson OTTAWA, Aug 19 (Reuters) - Canadian and U.S. trade negotiators met on Wednesday after President Donald Trump paused planned 50% tariffs on some Canadian goods for three days,
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President Trump announced late Tuesday he would pause the 50 percent tariffs on many Canadian goods for three days, saying the U.S. and Canada are finalizing a deal. The tariffs were expected to go
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