Commerce Secretary Lutnick Says Most Tariffs on Canada, Mexico Likely to Be Delayed a Month

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By Uriel Blanco and Rocío Muñoz-Ledo, CNN en Español The United States government on Thursday suspended the general 25% tariffs for Mexico and Canada on all products included in the T-MEC until April 2, when the Donald Trump administration will determine reciprocal tariffs for several countries around the world. After the suspension, Mexican President Claudia Sheinbaum assured that “practically all trade” between Mexico and the US is within the …

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Trump Postpones Tariffs on Mexican Imports for One Month

(NAFB.com) – President Trump reversed course and postponed 25 percent tariffs on Mexican goods amid widespread concerns about the impact a broader trade war will have on the U.S. economy. The Associated Press says the announcement was made shortly after Commerce Secretary Howard Lutnick had said tariffs on both Canada and Mexico would likely be delayed. Despite the Secretary’s announcement, no change was reported on the status of tariffs on Cana…

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Prices are 'going to rise' and 'robots' will be doing factory jobs: Trump Cabinet official

One of the chief economic officials in President Donald Trump's administration recently admitted that prices for imported goods subjected to Trump's tariffs will indeed go up, and that the administration is in support of automating more factory jobs.During a Thursday interview with CNBC host David Faber, Commerce Secretary Howard Lutnick was noticeably up-front when asked whether consumers would see higher sticker prices on store shelves. Faber …

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Tariffs Explained: What They Mean for You Amid Canada-Mexico Uncertainty

Major US tariffs against Canada and Mexico went into effect at the start of March, but they have already been rolled back and delayed for another month.

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Trump suspends tariffs on Canada and Mexico for a month

President Donald Trump said Thursday that he would allow Mexico and Canada to avoid tariffs on most exports to the United States for one month, saying he would exempt products that are traded under the rules of the U.S.-Mexico-Canada Agreement, the trade pact he signed in his first term.

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Trump official cornered on CNBC for bogus claims on Canadian drug smuggling

Trump Commerce Secretary Howard Lutnick was caught off guard on Thursday when CNBC host Sara Eisen fact checked his claims about a supposedly dire crisis of fentanyl being imported from Canada.During the interview, Lutnick said that tariffs on Canada would only be lowered when there was a sustained ...