{"id":173704,"date":"2026-08-19T05:37:10","date_gmt":"2026-08-19T05:37:10","guid":{"rendered":"https:\/\/www.europesays.com\/canada\/173704\/"},"modified":"2026-08-19T05:37:10","modified_gmt":"2026-08-19T05:37:10","slug":"carney-vows-to-build-stronger-more-competitive-economy-in-statement-about-trump-pausing-tariffs","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/canada\/173704\/","title":{"rendered":"Carney vows to build ‘stronger, more competitive economy\u2019 in statement about Trump pausing tariffs"},"content":{"rendered":"

Canadian Prime Minister Mark Carney<\/a> issued a statement on Tuesday night about President Donald Trump\u2019s decision to postpone 50% tariffs on Canada<\/a>. He explained that both countries have made significant progress toward an agreement, but there was still work to be done. He also vowed to build a stronger and more competitive Canadian economy.<\/p>\n

\u201cOver the last number of weeks, Canada has engaged in intensive discussions with the United States to address outstanding trade issues and deliver greater certainty and real benefits for Canadian businesses, workers, farmers, and families,\u201d read Carney\u2019s statement.<\/a><\/p>\n

\u201cSubstantial progress has been made, although there is important work still to be done,\u201d said Carney. \u201cAs this work is ongoing, the United States has agreed to postpone the implementation of its 50% tariffs on a range of Canadian goods under Section 338 of the U.S. Tariff Act of 1930 until end of day, August 21st.\u201d<\/p>\n

Carney\u2019s words come after Trump announced his decision to delay the tariffs late Tuesday night, as the Washington Examiner previously reported<\/a>.\u00a0<\/p>\n

\u201cI have paused the 50% Tariffs against Canada, that were scheduled to kick in tomorrow morning for a three day period, based on the fact that Canada and the U.S.A., subject to the finalization of documents, have a DEAL!\u201d Trump said in a Truth Social post.<\/p>\n

Trump originally announced the tariffs on July 20, and they were scheduled to take effect at 12:01 a.m. on August 19th.\u00a0<\/p>\n

\u201cToday, President Donald J. Trump signed three Proclamations pursuant to Section 338 of the Tariff Act of 1930 to impose additional 50% tariffs on certain goods of Canada in response to Canada\u2019s discriminatory treatment of American products,\u201d read a fact sheet<\/a> issued by the White House regarding the tariffs. \u201cBy doing so, President Trump is offsetting the burden and disadvantage on U.S. commerce from Canada\u2019s discriminatory treatment of U.S. commerce and is leveling the playing field for crucial American exports\u2014cars, alcohol, and dairy.\u201d<\/p>\n

TRUMP PAUSES 50% TARIFFS ON CANADA HOURS BEFORE DEADLINE<\/a><\/p>\n

The tariffs would have affected billions of dollars on a variety of Canadian imports, \u201cranging from wine to hockey sticks to cement.\u201d<\/p>\n

\u201cThe United States, under President Trump\u2019s leadership, did not agree to renew the United States-Mexico-Canada Agreement (USMCA) in its current form, because the deal is not sufficiently beneficial for the United States,\u201d the White House touted in its announcement of the Canadian tariffs in July.\u00a0<\/p>\n

\u201cPresident Trump\u2019s America First Trade Policy was created to benefit American workers and families,\u201d read<\/a> the White House fact sheet. \u201cIt has dramatically expanded global market access for U.S. exports, strengthened workers\u2019 incomes, reshored and supported American jobs, and reduced the trade deficit.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Canadian Prime Minister Mark Carney issued a statement on Tuesday night about President Donald Trump\u2019s decision to postpone…\n","protected":false},"author":2,"featured_media":173705,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[98],"tags":[17,162,235,111,202,400,1645],"class_list":["post-173704","post","type-post","status-publish","format-standard","has-post-thumbnail","category-mark-carney","tag-canada","tag-donald-trump","tag-economy","tag-mark-carney","tag-president-donald-trump","tag-tariffs","tag-world"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/173704","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/comments?post=173704"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/173704\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media\/173705"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media?parent=173704"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/categories?post=173704"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/tags?post=173704"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}