After U.S. President Donald Trump’s tariffs rattled the economy, Commerce Secretary Howard Lutnick says the United Sates will likely meet Canada and Mexico “in the middle” with an announcement coming as soon as Wednesday.
Lutnick told Fox Business News that he has been on the phone with Canadian and Mexican officials after Trump on Tuesday imposed 25% tariffs on the countries, including 10% import taxes on Canada’s energy products such as oil and electricity.
Lutnick said the tariffs would not be paused but that Trump would reach a compromise.
“I think he’s going to figure out, you do more and I’ll meet you in the middle in some way,” Lutnick said. “We’re going to probably be announcing that tomorrow.”
More to come
