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President Donald Trump’s threat of a 50% tariff on a wide range of Canadian goods will not take effect at 12:01 a.m. ET, he announced hours before, sparing roughly $20 billion worth of imports.
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Trump paused a 50 percent tariff on Canadian goods hours before it was scheduled to kick in, saying the 2 countries had reached a preliminary deal.
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President Trump has paused imposing new tariffs against Canada ahead of a midnight deadline, saying a deal is near.
