US-Canada Trade Deal Pauses 50% Tariffs, But Earlier Duties May Remain

A US-Canada trade deal averts 50% tariffs set for August 18, 2026. Both leaders hailed it, but terms stay undisclosed. The critical unknown: whether the agreement rolls back 25% baseline tariffs from February 2025 and Section 301 measures, or only suspends the latest escalation. For cross-border supply chains, a pause carries an expiration date; a rollback does not.