The Guardian World · Aug 19, 2026

Trump hits pause on Canada tariffs threat, and hints at revival of Keystone XL oil pipeline project

US president delays 50% tariffs by three days, and says contentious oil project ‘may be awoken from the grave’ Canada has temporarily avoided a bruising 50% US tariff, reaching a Tuesday-evening agreement with Trump administration officials hours before a hike that would have affected $20bn worth of goods was set to take effect.