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Mexico, Canada tariffs coming Tuesday, but Trump will set exact levels, says US commerce head

Tariffs on imports from Mexico and Canada are set to begin on March 4, as stated by U.S. Commerce Secretary Howard Lutnick.
The U.S. Imports between 6 to 7 million barrels per day of mostly medium-heavy sour crude, making tariffs on these imports potentially increase domestic fuel costs.
Estimates indicate that the typical U.S. Household may face additional costs exceeding $1,200 annually due to these tariffs.
Canadian officials have expressed concern over potential economic impacts, especially since the U.S. Accounts for 77% of Canada's exports.

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Firstpost News

The final Trump tariffs on Canada, Mexico could be lower than 25%

Lutnick said that both Mexico and Canada have done “a lot” to address Trump’s concerns about border crossings. However, he highlighted that the two nations haven't done enough to address Trump's worries about “fentanyl deaths in America.

3 hours ago·Mumbai, India

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WWLP

How 25 percent tariffs on Mexico and Canada imports can impact US consumers

CHICOPEE, Mass. (WWLP) - Coming up this week, President Donald Trump is expected to announce tariffs on the country's two biggest trading partners. Consumers could see a significant impact on their budgets. If a 25 percent import tariff on Canada and Mexico goes into effect on March 4th, more goods and products we use could up in price. "It's not about fear. It's about frustration. American people want to be able to have more for their money, sa…

10 hours ago·Springfield, United States

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UPI

Lutnick: U.S. to hit Canada, Mexico with tariffs Tuesday, Trump still mulling percentage

President Donald Trump will enforce tariffs on Tuesday against Canada and Mexico, but at what percentage, he has yet to decide, according to Commerce Secretary Howard Lutnick.

14 hours ago·Washington, United States

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Bloomberg

Oil Edges Higher as Traders Weigh Fallout From Trump’s Tariffs

Oil gained at the start of the week ahead of planned tariffs by the Trump administration on major US trading partners including China, which raises the prospect of retaliatory measures and market volatility.

14 hours ago·United States

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National Post

Trump official promises 'tariffs on Tuesday' as president decides how 'to play with' Canada

U.S. Commerce Secretary Howard Lutnick said Sunday 'there are going to be tariffs on Tuesday' affecting Canada and Mexico.

16 hours ago·Canada

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KESQ

+2 Reposted by 2 other sources

Commerce Secretary says U.S. will impose tariffs on Canada and Mexico, but it's a "changing situation"

By Auzinea Bacon, CNN US Commerce Secretary Howard Lutnick said Sunday that he expects the US to impose tariffs on Canada and Mexico on Tuesday, but that the situation is “fluctuating” and President Donald Trump will determine the levels. “There will be tariffs on Tuesday for Mexico and Canada,” Lutnick told Fox News’ Maria Bartiromo on “Sunday Morning Futures.” “Exactly what they are, we’ll leave for the president and his team to negotiate.” Tr…

16 hours ago

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