Lutnick: 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.
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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. ...
·Brussels, Belgium
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Total News Sources216
Leaning Left37Leaning Right25Center61Last UpdatedBias Distribution50% Center
Bias Distribution
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R 20%
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