US-Canada Deal Pauses 50% Tariffs; Earlier Duties May Stay

A US-Canada trade deal suspends 50% tariffs set for August 18, 2026. Both leaders praised it, but terms remain undisclosed. The key question: whether the agreement rolls back earlier 25% tariffs from February 2025 and Section 301 trade penalties, or only halts the latest escalation. A pause expires; a rollback does not.