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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.
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The interview with the Secretary of Commerce of the Trump administration, who explains: “The markets fall one day and the next they go up,...

·Turin, Italy
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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…

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Center

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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Center

U.S. Trade Secretary Howard Lutnick said Trump considers tariff relief for some sectors in Mexico and Canada.

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The London free Press broke the news in London, Canada on Tuesday, March 4, 2025.
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