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US and Canada pause steep tariffs

Industry News
Wednesday 19th August, 2026 The US and Canada have reached a tentative deal to avoid 50% tariffs on billions of dollars of Canadian exports, pending final documents. This gives you a chance to talk about how trade tensions affect cross-border payments, businesses and people sending money between Canada and the US.
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Why have we flagged this?

The tentative US–Canada trade deal could affect cross-border business payments and currency flows, giving Wise an opportunity to share relevant transfer trends or expert commentary.

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