During an interview on Fox, Commerce Secretary Howard Lutnick spoke about a possible agreement with Canada and Mexico that would allow their tariffs to be rolled back to some degree.
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.
President Donald Trump on Thursday announced a nearly one-month tariff delay on all products from Mexico that are covered by the USMCA free trade treaty, a significant walkback of the administration’s signature economic plan that has rattled markets,
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."
Commerce Secretary Howard Lutnick indicated that President Donald Trump is expected to delay imposing 25% tariffs on Canada and Mexico for all goods and services covered under the USMCA
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