Friday, March 07, 2025
Early Thursday, Commerce Secretary Howard Lutnick hinted that President Donald Trump was leaning toward delaying tariffs on Mexico and Canada.
A few hours later, Trump proved he was at least half right.
Trump on Thursday postponed the 25% tariffs – on most of the goods from Mexico – he imposed earlier in the week. The administration announced the 30-day pause amid fears of the economic fallout.
At the same time, Lutnick said Canada may also get a reprieve, though no change was announced. Again, later