The stock market dropped sharply in recent days as investors worried about the effects of President Donald Trump's new tariffs on Canada and Mexico.
· 9h · on MSN
Trump delays tariffs on Mexico. Lutnick says Canada may also get a delay, but talks continue
· 1d · on MSN
Lutnick Says Trump May Throw Canada, Mexico Lifeline on Tariffs
Howard Lutnick Seems to Walk Back Trump's Hard Stance of Tariffs And Meet Canada, Mexico 'In Middle Some Way'
David Faber busted out laughing when co-host Sara Eisen peppered Howard Lutnick over his claim that overseas manufacturers will come back to the United States. The post CNBC Host Busts Out Laughing As Trump Sec.
Lutnick told CNBC he is hopeful President Donald Trump will announce that extension on Thursday, a day after exempting automotive goods from the 25% tariffs he slapped on imports from Canada and Mexico earlier in the week.
President Donald Trump announced a four-week postponement of tariffs on Mexican and Canadian products, reversing a decision made earlier this week. "This comes from that Canada has done an enormous amount, they've offered us an enormous amount on fentanyl, and so is Mexico," said Commerce Department Secretary Howard Lutnick.
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