Lutnick Suggests Potential Tariff Relief for Canada and Mexico Under Trade Agreement

Reported about 19 hours ago

Commerce Secretary Howard Lutnick indicated that the Trump administration may provide relief from the 25% tariffs on Canadian and Mexican imports for products complying with the USMCA. Additionally, he mentioned that potential exemptions could be available for automakers willing to enhance US production. While a decision is expected soon, tariff modifications are anticipated rather than complete eliminations.

Source: YAHOO

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