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