Commerce Secretary Howard Lutnick said a compromise with Canada and Mexico on Trump’s controversial tariffs will “probably” come “tomorrow.”
Commerce Secretary Howard Lutnick said a compromise with Canada and Mexico on Trump’s controversial tariffs will “probably” come “tomorrow.”
U.S. President Donald Trump is expected to impose new tariffs Tuesday on Canadian and Mexican exports to the United States, but Commerce Secretary Howard Lutnick told Fox News Sunday they may not be as high as the 25% figure Trump was planning.
Commerce Secretary Howard Lutnick indicated that President Donald Trump is expected to delay imposing 25% tariffs on Canada and Mexico for all goods and services covered under the USMCA trade agreement,
US President Donald Trump suspended on Thursday the 25 per cent tariffs he imposed this week on most goods from Canada and Mexico, the latest twist in a fluctuating trade policy that has whipsawed financial markets and fanned worries over inflation and a growth slowdown.