Donald Trump says he "paused the 50% Tariffs against Canada" for three days

The administration announced that a 50 percent duty on a slate of Canadian imports—including alcoholic beverages such as spirits, wine, beer and cider, as well as dairy items like milk, cream and whey products—will be held off for three days after President Trump said a provisional agreement had been reached, pending the completion of paperwork. The tariffs, originally slated to begin on the day of the announcement and authorized under the 1930 Tariff Act, were introduced in July in response to the U.S. claim that Canada was favoring foreign alcohol over American brands. Industry leader Chris Swonger of the U.S. spirits trade group praised the pause, noting that earlier provincial bans had slashed U.S. spirits shipments to Canada by more than 70 percent and urging a swift negotiated settlement. Trump also alluded to the possibility of reviving the Keystone XL pipeline.