KEY POINTS
- Donald Trump will “probably” announce a compromise with Canada and Mexico as early as Wednesday, which could scale back his new 25% tariffs on top U.S trading partners, Commerce Secretary Howard Lutnick said.
- The comments came after the U.S. stock market limped to a close for a second day of sharp declines.
- The Trump administration enacted sweeping tariffs on Canadian and Mexican imports after putting them on pause for a month.
Canada and Mexico should leave their retaliatory tariffs in place.
Yeah nobody can plan anything like this. Anytime there are retaliatory tariffs they should be for a set number of months until any renegotiation. He’s trying to flim flam governments like he flim flams his voters.
Or his business ‘partners’
Double them up wait a month for the U.S. stock and commodity markets to absolutely crater.
Canada and mexico will absolutely crater first if pushed. Canada can maybe afford it short term and make trump blink first. They have a better position. Sheinbaum, for all the credit ill give her for not being a complete stooge like a good portion of the world expected, is in a much tighter predicament. I want her to go toe to toe. She has showed she isnt a puppet. But i dont think she can afford to hold out as long as necessary. Politically or economically.