---
title: "LULU, SHOP, ATZ: Canada's Stock Market Rises After Trump Delays 50% Tariff"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296371036.md"
description: "Canada's stock market rose on Aug. 19 after President Trump delayed 50% tariffs on Canadian imports, leading to gains for stocks like LULU and SHOP. Trump announced a new trade deal between the U.S. and Canada, pausing duties scheduled to start that night."
datetime: "2026-08-19T14:29:38.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296371036.md)
  - [en](https://longbridge.com/en/news/296371036.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296371036.md)
generator: "portal-rs"
---

# LULU, SHOP, ATZ: Canada's Stock Market Rises After Trump Delays 50% Tariff

The Toronto Stock Exchange, Canada's benchmark index, is up 1% on Aug. 19 after U.S. President Donald Trump announced that he is delaying imposing new 50% tariffs on Canadian imports. News that the duties have been paused has leading Canadian stocks rising, including Lululemon Athletica (LULU), Shopify (SHOP), and Restaurant Brands International (QSR).

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New 50% tariffs on Canadian items ranging from hockey sticks to wine were scheduled to begin at midnight on Aug. 19. But at the last minute, Trump wrote on social media that he has paused the duties and declared that a new trade deal has been reached between Washington, D.C. and Ottawa. "Canada and the U.S.A., subject to the finalization of documents, have a DEAL!" wrote Trump.

### Related Stocks

- [SHOP.US](https://longbridge.com/en/quote/SHOP.US.md)
- [LULU.US](https://longbridge.com/en/quote/LULU.US.md)
- [LULG.US](https://longbridge.com/en/quote/LULG.US.md)
- [SHPD.US](https://longbridge.com/en/quote/SHPD.US.md)
- [SHPU.US](https://longbridge.com/en/quote/SHPU.US.md)
- [QSR.US](https://longbridge.com/en/quote/QSR.US.md)

## Related News & Research

- [Shopify (SHOP), What Is Behind The Fresh Attention Around The Stock?](https://longbridge.com/en/news/296816476.md)
- [Is Shopify Stock a Good Buy While It's Trading Around $200?](https://longbridge.com/en/news/296875780.md)
- [Trump accuses Canada of charging tariffs on farmers for years](https://longbridge.com/en/news/296702652.md)
- [Lululemon says it has ‘talented teams and leaders in place’ as communications chief exits](https://longbridge.com/en/news/296704428.md)
- [$100 Invested In Shopify 10 Years Ago Would Be Worth This Much Today](https://longbridge.com/en/news/296376063.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**