Trump Pauses Tariffs with Canada | Denver News

Trump’s surprise pause on 50% tariffs on Canadian goods—worth $20 billion, from hockey sticks to medical supplies—signals a potential deal in the works after tense trade talks. The U.S. accused Canada of unfair practices, but Ottawa threatened its own retaliatory tariffs, risking a full-blown trade war between two nations that exchanged nearly $880 billion in goods last year. This isn’t the first time Trump has used Section 338 of the 1930 Tariff Act—a rarely invoked, old law allowing unilateral tariffs without formal investigation—to exert pressure. While officials say progress is substantial, Canada’s PM insists on domestic economic priorities as talks continue. The pause lasts until August 21st, giving both sides breathing room. It’s a high-stakes dance with global implications, especially as North American trade deals hang in the balance. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/a0dae73263e144d7