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Trump delays 50% tariffs on Canada, hints at plan to revive controversial oil pipeline

Trump delays 50% tariffs on Canada, hints at plan to revive controversial oil pipeline

Summary

President Donald Trump has delayed the planned 50% tariffs on Canada while working on a new trade deal. He also suggested that he might restart plans to build a controversial oil pipeline along the border.

Key Facts

  • President Trump paused the 50% tariffs that were supposed to be charged on Canadian goods.
  • He is currently negotiating a trade agreement with Canada.
  • Trump hinted at bringing back a plan to build an oil pipeline on the U.S.-Canada border.
  • The pipeline has been a subject of controversy before.
  • The tariff delay and pipeline plan are connected to U.S.-Canada trade relations.
  • The news was reported by CBS News and Nancy Cordes.
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