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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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 Left34Leaning Right26Center57Last UpdatedBias Distribution49% Center
Bias Distribution
- 49% of the sources are Center
49% Center
L 29%
C 49%
R 22%
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