US EditionLutnick: Trump may announce tariff compromise with Canada, Mexico on Wednesday
- US Commerce Secretary Howard Lutnick expects an announcement on tariffs affecting Canada and Mexico on Wednesday, signaling potential relief for certain sectors like automobiles.
- President Donald Trump's tariffs on Canadian and Mexican imports took effect recently, leading to retaliatory measures from both countries.
- Mexico's President Claudia Sheinbaum announced plans for a response to the tariffs during a mass rally on Sunday.
- Lutnick suggested that Trump is considering a compromise that may involve rolling back some tariffs if Canada and Mexico take further action on illegal immigration and drug issues.
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…
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…
Midland Today
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.
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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