FOX Business correspondent Edward Lawrence reports on President Trump pausing tariffs on Canada as Canadian PM Mark Carney signals progress. The report also highlights discussions on the Keystone XL pipeline project.
President Trump has temporarily halted new tariffs on Canadian imports as trade talks advance, potentially impacting key industries and reviving discussions on the Keystone XL pipeline.
President Trump has temporarily halted new tariffs on Canadian imports as trade talks advance, potentially impacting key industries and reviving discussions on the Keystone XL pipeline. PULSE POINTS WHAT HAPPENED: President Donald J. Trump has delayed a planned 50 percent tariff on nearly $20 billion of Canadian imports for three days, saying the pause reflects progress toward a new trade agreement with Canada. Trump said the two countries had reached a deal subject to finalizing the documents, while Prime Minister Mark Carney acknowledged “substantial progress” but said negotiations were not yet complete. DETAIL: The discussions have focused on U.S. tariffs on Canadian autos and other products, as well as Canadian restrictions…Open
President Trump said Tuesday night he is pausing for three days 50% tariffs on billions of dollars worth of Canadian goods that were set to take effect early Wednesday. Why it matters: It follows an intense push in recent days — including talks between Trump and Canadian Prime Minister Mark Carney on Tuesday — to avert another escalation in the North American trade war . What they're saying: "I 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!" Trump wrote on Truth Social. - "The great Keystone XL Pipeline, long ago killed by Sleepy Joe Biden, may be awoken from the…
Willie Nelson has become an unlikely barometer of America's biggest infrastructure fights. He once protested the Keystone XL pipeline and fracking. Today, he's fighting data centers. Why it matters: The American icon's latest cause underscores how the politics surrounding AI infrastructure are beginning to resemble the last decade's fights over fossil fuels. "The last thing we need is a loud, water thieving, light polluting, data center anywhere near our town (or any others for that matter)," Nelson told his more than one million Instagram followers recently. Flashback: "For 29 years, corporations have continued to take the land away from the small family farmers, and this is what we're here to fight against," Nelson said during a…
The companies building the pipeline have secured commitments for nearly 80% of the pipeline's capacity, which is typically the target pipeline companies try to hit before beginning construction.
