US Commerce Secretary Howard Lutnick said that President Donald Trump could announce a trade deal with Mexico and Canada as soon as tomorrow, just one day after the US imposed punishing tariffs on the two nations and sparked retaliatory levies.
Lutnick said he did not expect immediate tariff relief for China since it continues to subsidize fentanyl production that is killing Americans.
A deal to roll back U.S. tariffs on Canadian and Mexican goods may be in the works, a top Trump administration official suggested Tuesday, as President Donald Trump prepared to give a major address to Congress.
Secretary Lutnick hedged his bets about the economic sanctions being leveled against Canada and Mexico from tomorrow—and refused to rule out a 25% import duty.
Howard Lutnick told CNBC “hopefully Mexico and Canada will have done a good enough job on fentanyl” that the U.S. will focus only on reciprocal tariffs.
President Donald Trump's Commerce secretary indicates there won't be a "pause" on tariffs, but negotiations with Canada and Mexico will meet "in the middle."
That wasn’t the only tense exchange Lutnick would have with a Canadian leader. Several days later, he was also on
Commerce Secretary Howard Lutnick said President Donald Trump will “meet in the middle” with Mexico and Canada after 25% tariffs on America’s continental neighbors went into effect Tuesday. Lutnick to
Commerce Secretary Howard Lutnick hinted at a compromise and a scaling back of the 25% tariffs imposed by Washington on Canada and Mexico on Tuesday.
Commerce Secretary Howard Lutnick said Thursday that President Donald Trump will likely announce later in the day a one-month tariff delay on all products that are covered by the USMCA free trade treaty,
The president has cited lackluster efforts to curb the flow of illegal immigration and fentanyl by Canada and Mexico as motivation for the 25% tariffs.