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macroAug 19, 2026, 2:17 AM

Trump Pauses 50% Tariffs for Three Days, Says US and Canada Have a Deal

President Trump announced a three-day pause on the 50% tariffs that were set to take effect tomorrow morning and said the US and Canada have a deal.

President Trump said the planned 50% tariffs would not go into effect as scheduled tomorrow morning, with a pause lasting three days.\n\nThe announcement came alongside a statement that the US and Canada \"have a deal,\" according to the update.\n\nNo additional details on the terms or which goods were covered were provided.

Source: The Kobeissi Letter