Lutnick: Trump may announce tariff compromise with Canada, Mexico on Wednesday
- President Donald Trump may announce a trade deal with Canada and Mexico on Wednesday, according to US Commerce Secretary Howard Lutnick.
- Lutnick noted that both Canadian and Mexican representatives are involved in discussions about trade among the three countries.
- Canadian Prime Minister Justin Trudeau called the tariffs imposed on his country by the US "absolutely no justification or need whatsoever for these tariffs today," expressing his opposition to Trump's actions.
- Mexican President Claudia Sheinbaum stated that retaliatory measures are "going to wait" as she plans to speak with Trump this week.
216 Articles
216 Articles
Trump Admin Offers Mexico, Canada a Lifeline On Tariffs.
President Donald J. Trump may reduce the tariffs imposed on Canada and Mexico, according to a senior official. Commerce Secretary Howard Lutnick has noted President Trump’s openness to considering proposals from America’s northern and southern neighbors, suggesting potential relief for certain market sectors.“He’s considering something more moderate,” Lutnick stated, emphasizing the possibility of partial tariff reductions rather than a complete…
Wall Street on the rise, led by the prospect of an adjustment of customs duties
U.S. Secretary of Commerce Howard Lutnick assured Wednesday that certain sectors of activity could eventually be spared from the customs duties imposed on Canadian and Mexican products. ...
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