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Tariff Pause, But Trade Talks Continue | Vancouver News

Tariff Pause, But Trade Talks Continue | Vancouver News

Published 1 week, 4 days ago
Description

Trump paused a planned 50% tariff on Canada just hours before it was set to take effect, citing potential trade deal progress and giving negotiators a three-day reprieve — but businesses demand more than a pause, they need real agreement. PM Mark Carney acknowledged significant strides in talks but stressed much work remains, while Canadian liquor exporters hope the halt clears the way for their products to return to shelves tariff-free. Economists see renewed momentum toward a broader trade deal ahead of U.S. midterms, with the Canadian dollar even gaining slightly. And in a throwback twist, Trump revived talk of the Keystone XL pipeline, signaling that while the immediate threat is off, the U.S.-Canada trade relationship remains a complex, evolving negotiation.

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