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.
214 Articles
214 Articles
The interview with the Secretary of Commerce of the Trump administration, who explains: “The markets fall one day and the next they go up,...
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…
Commerce Secretary Howard Lutnick teases Canada, Mexico tariff agreement meeting 'somewhere in the middle'
President Donald Trump’s Commerce secretary meant the possibility of an additional tariff contract with Canada and Mexico, keeping in mind that the president has an interest in conference “someplace in the middle.” ” Both the Mexicans and the Canadians were on the phone with me throughout the day today, attempting to reveal that they’ll do much better. And the president’s listening because, you understand, he’s extremely, extremely reasonable an…
Washington. U.S. Secretary of Commerce Howard Lutnick said there could be an announcement this Wednesday about tariffs to Canada and Mexico, which could be eased by categories, a day after 25% customs taxes came into effect.The tariffs decided by Republican President Donald Trump, 25% for products imported from Mexico and Canada, except 10% for Canadian energy products, began to rule on Tuesday, and hit the world markets hard.Ottawa already anno…
S&P/TSX composite up in late-morning trading, U.S. stocks down after Lutnick comments
TORONTO — Strength in the base metal sector helped lift Canada's main stock index higher in late-morning trading, while U.S. stock markets moved lower after U.S.
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