Trump Delays 50% Canada Tariffs as Trade Deal Emerges

US President Donald Trump has delayed the introduction of new tariffs on Canadian goods for three days. The planned 50% tariff was scheduled to kick in tomorrow, but negotiations between the two countries continue.

In a statement, President Trump said he had paused the tariffs for a three-day period and claimed that a deal with Canada had been reached.

The temporary delay has lowered immediate macro risk for crypto and other risk assets, which could support market sentiment in the near term. However, lingering trade uncertainty and regulatory unpredictability may leave adoption and token markets neutral to mixed.