Trump likely to ease Canada and Mexico tariffs on Wednesday, Lutnick says

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Commerce Secretary Howard Lutnick teased that President Donald Trump may ease the 25% tariffs on Mexico and Canada after discussions with both countries all day.

The tariffs were enacted by Trump on Tuesday after being delayed by a month, with the president arguing a lack of efforts by the countries to curb the flow of illegal immigration and fentanyl into the United States necessitated the levies. Lutnick, speaking on Fox Business’s Kudlow, said that while there would not be a pause, there may be some form of easing the tariffs.

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