Comments marked first public signal since duties imposed that the president may be wavering on his decision
The Trump administration is considering a tariff relief pathway for Canadian and Mexican goods under the US-Mexico-Canada Agreement, as indicated by US Commerce Secretary Howard Lutnick. European markets reacted positively to this potential compromise, which could reduce tariffs rather than eliminate them. Lutnick emphasized compliance with the trade pact as a key factor for relief. Despite opposition from Congress and threats of retaliation from Canada and Mexico, the administration's wavering stance on tariffs may benefit industries like automakers, who argue for exemptions based on the trade agreement.
