Trump to meet Canada, Mexico in middle on tariffs, US commerce chief says
The Trump administration is considering a pathway for tariff relief on goods from Mexico and Canada, potentially announcing it as soon as tomorrow. Commerce Secretary Howard Lutnick indicated that President Trump is engaging with both countries to find a resolution after imposing tariffs on all goods from Canada and Mexico.
Lutnick suggested the tariffs would likely be adjusted, with Trump "moving with the Canadians and Mexicans, but not all the way," rather than a full rollback. He referenced the US-Mexico-Canada trade pact as a factor in the decision-making process, implying the new agreement could influence the level of tariff relief offered.
via SCMP Full Text Feed
The Trump administration is considering a pathway for tariff relief on goods from Mexico and Canada, potentially announcing it as soon as tomorrow. Commerce Secretary Howard Lutnick indicated that President Trump is engaging with both countries to find a resolution after imposing tariffs on all goods from Canada and Mexico.
Lutnick suggested the tariffs would likely be adjusted, with Trump "moving with the Canadians and Mexicans, but not all the way," rather than a full rollback. He referenced the US-Mexico-Canada trade pact as a factor in the decision-making process, implying the new agreement could influence the level of tariff relief offered.
via SCMP Full Text Feed
