Carney vows to build ‘stronger, more competitive economy’ in statement about Trump pausing tariffs

Published August 19, 2026 1:10am ET | Updated August 19, 2026 10:08am ET



Canadian Prime Minister Mark Carney issued a statement Tuesday night about President Donald Trump’s decision to postpone 50% tariffs on Canada. 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.

“Over 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,” Carney’s statement reads.

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