Reported about 17 hours ago
As President Trump's tariffs drastically reshape trade relations, discussions are ongoing about potentially easing the punitive tariffs imposed on Canada and Mexico. Following recent implementation of a 25% tariff on Canadian imports, both nations retaliated with countermeasures. Commerce Secretary Lutnick hinted at the possibility of relief for these countries soon. Meanwhile, escalating tariffs on China are prompting reciprocal responses, impacting various sectors and potentially increasing inflation, which could influence Federal Reserve interest rate decisions.
Source: YAHOO