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Trump says US-Canada trade deal ‘subject to the finalization of documents’

Trump says US-Canada trade deal ‘subject to the finalization of documents’

Summary

President Donald Trump said on Wednesday that the United States reached a last-minute agreement with Canada on trade before new tariffs were about to start. He noted that there are now no tariffs on U.S. exports to Canada, but the deal still needs to be formally completed with signed documents.

Key Facts

  • President Trump announced a trade deal with Canada just before new 50 percent tariffs were to begin.
  • The deal will remove tariffs on U.S. exports to Canada.
  • The agreement has not been officially signed yet and depends on finalizing documents.
  • The tariffs were planned to apply to Canadian goods entering the U.S.
  • This announcement came as a last-minute development in ongoing trade talks.
  • The tariffs and trade talks concern economic relations between the U.S. and Canada.
  • President Trump described the breakthrough as happening “at the final moments.”
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