By Christopher Reynolds

The Canadian Press

Posted August 14, 2026 8:24 am

1 min read

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Industry insiders say companies are opting to wait and see as the clock ticks down on U.S. President Donald Trump’s latest tariff deadline, rather than rushing shipments across the border to beat the buzzer.

A new round of 50 per cent tariffs on nearly US$20 billion worth of Canadian goods ranging from dairy to down jackets is set to take effect Aug. 19.

Unlike most of Trump’s other tariffs, the duties would not exempt goods that comply with the Canada-U.S.-Mexico trade agreement, widely known as CUSMA.

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