Trump Says US Has ‘Come to a Deal With Canada’
Speakers
Donald Trump
— President of the United States
Summary
President Trump announces that the US has reached a trade deal with Canada after a call with the Prime Minister, avoiding planned 50% tariffs. He says Canada gave the points needed for a fair deal and that the outcome is good for everybody. Trump specifically says US farmers and manufacturers will be thrilled and that there are no tariffs going into Canada.
- Trump announces a US-Canada trade deal.
- Planned 50% across-the-board tariffs on Canada were set for the day.
- Canada called and gave points needed for a fair deal.
- Trump says US farmers will be thrilled.
- Trump says US manufacturers will be thrilled.
- He states there are no tariffs going into Canada.
Ideas
Canada trade deal averts 50% tariffs.
President Trump says the US has reached a trade deal with Canada after a conversation with the Prime Minister, avoiding the 50% across-the-board tariffs that were set to take effect today. He describes it as a fair deal and says there are no tariffs going into Canada.
US farmers and manufacturers benefit.
Trump says US farmers and manufacturers will be thrilled by the Canada trade deal because the US will have no tariffs going into Canada, implying less trade friction and better access for US agricultural and manufacturing interests.
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This Bloomberg Markets video, published August 19, 2026, features Donald Trump discussing EWC, DBA. 2 trade ideas extracted by AI with direction and confidence scoring.
Speakers: Donald Trump · Tickers: EWC, DBA