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Official portrait of Scott Bessent, Secretary of the Treasury

Tuesday, August 18, 2026

Day 576

1 documented win

Day 576Trade

Temporary relief on Canadian duties

The win

Additional duties meant to offset Canadian discrimination on alcohol, dairy, and vehicles were temporarily suspended — a pressure valve while talks run.

For Americans

A bartender paying more for Canadian whisky and a dealer paying more for a truck both feel tariff policy. A pause is how you keep leverage without punching your own customer.

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