Commerce Secretary Lutnick Hints at Canada, Mexico Tariffs Compromise | Global News Avenue

Commerce Secretary Howard Lutnick hints at compromise and zoom 25% tariff Washington imposed on Canada and Mexico on Tuesday.

Lutnick address According to a joint meeting of Congress on Tuesday night, the government will “possible” announce a deal to cut Wednesday’s tariffs Wall Street Journal.

In an interview Fox Business Lutnick said Trump would be “middle” with Mexico and Canada, ahead of Trump’s speech.

“He really looked at the method that tried to figure out if he could get into the middle, what he could do to Canadians and Mexicans, but they had to do more,” Lutnik said.

“It won’t stop. None of these things have paused. But I think he’ll figure it out, you’ll do more, I’ll see you somewhere.” “We might announce tomorrow. So somewhere in the middle might be the result – the president moved with Canadians and Mexicans, but not all the way.”

U.S. stock futures are rising after indexing Closed lower On Tuesday, investors feared that tariffs, including double taxes on Chinese goods, would hurt the U.S. economy and rebury inflation.

In his speech to his speech Tuesday night, Trump acknowledged the possibility of a disruption, but said tariffs were necessary. “Tariffs are not only about protecting the United States’ work, but also about protecting our soul,” Trump said.