News on tariff relief could come as early as Wednesday, Lutnick said, in a signal that the US president might be wavering after stocks dipped.
The Trump administration may announce a pathway for tariff relief on Mexican and Canadian goods as early as Wednesday, according to Commerce Secretary Howard Lutnick. Lutnick suggested that President Trump is considering a compromise, with tariffs likely landing "somewhere in the middle" rather than being fully rolled back. The announcement comes after stock market dips and ongoing trade discussions with Canada and Mexico.
