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The tariffs imposed by the US on Canada were originally scheduled to officially take effect on August 19, local time, involving Canadian goods worth about 20 billion US dollars. Just a few hours before the final deadline for the tariffs to take effect, US President Trump announced on August 18 that he would postpone the imposition of 50% tariffs on Canadian goods for three days. Some analysts pointed out that the US side pressed the “pause button” at the last minute before the tariffs came into effect, indicating that ongoing trade frictions have put increasing pressure on enterprises of the two countries and the highly integrated North American industrial chain.
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The tariffs imposed by the US on Canada were originally scheduled to officially take effect on August 19, local time, involving Canadian goods worth about 20 billion US dollars. Just a few hours before the final deadline for the tariffs to take effect, US President Trump announced on August 18 that he would postpone the imposition of 50% tariffs on Canadian goods for three days. Some analysts pointed out that the US side pressed the “pause button” at the last minute before the tariffs came into effect, indicating that ongoing trade frictions have put increasing pressure on enterprises of the two countries and the highly integrated North American industrial chain.
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