U.S. Commerce Secretary Howard Lutnick announced on Sunday that tariffs on imports from Mexico and Canada are scheduled to go into effect on Tuesday. However, he indicated that the final tariff rates, which could reach a planned 25%, will be set by President Donald Trump and his team.
Speaking on the Fox News program Sunday Morning Futures, Lutnick described the situation as “fluid.” He explained that while tariffs are imminent, their precise levels will be determined through further negotiations by the president. Lutnick’s comments marked the first indication that the administration might reconsider imposing the full 25% tariff on all goods from Mexico and on non-energy imports from Canada.
The Commerce Secretary noted that both Mexico and Canada have “done a reasonable job” in securing their borders with the United States, even as challenges remain, particularly with the continued flow of fentanyl into the country. This assessment comes as the U.S. government grapples with broader trade and security issues along its borders.
Last week, President Trump had created some confusion by mentioning a potential April 2 deadline for these tariffs. However, he later reaffirmed the Tuesday deadline and announced plans to impose an additional 10% tariff on Chinese goods, effectively doubling the 10% duty that was put in place on February 4. Lutnick added that the new tariffs on Chinese imports would go into effect on Tuesday unless China takes steps to halt fentanyl trafficking into the United States.
As these trade measures move forward, industry observers and trading partners alike will be watching closely to see how the new tariffs affect U.S. trade relations and border security policies.
The ceasefire between Israel and Lebanon will be lengthened by three weeks, U.S. President Donald Trump said in a post on social media website...
Russian emergency services have contained a major fire at the Tuapse oil refinery on the Black Sea coast, local officials said on Thursday, ending ...
Meta Platforms will cut about 10% of its global workforce from 20 May, marking the start of a wider restructuring as the company increases spe...
Start your day informed with AnewZ Morning Brief. Here are the top news stori...
A United States Army soldier has been charged with making more than $400,000 by betting on the removal of Venezuelan leader Nicolás Maduro, ...
The ceasefire between Israel and Lebanon will be lengthened by three weeks, U.S. President Donald Trump said in a post on social media website Truth Social early on Friday (24 April), while stating in a separate earlier post that he was in no rush to make a deal with Iran.
A United States Army soldier has been charged with making more than $400,000 by betting on the removal of Venezuelan leader Nicolás Maduro, according to the Department of Justice.
President Donald Trump has warned that the U.S. could impose "big" tariffs on British goods if the UK does not remove its digital services tax. Speaking to reporters at the White House on Thursday, Trump said Washington was ready to act in response to the levy on major American technology firms.
U.S. President Donald Trump said he was prepared to wait for "the best deal" to end his conflict with Iran and said he was in no rush to reach a peace agreement and wanted it to be "everlasting," while continuing to assert that the U.S. had a clear upper hand in the naval stand-off in the Strait.
The U.S. military has intercepted at least three Iranian-flagged tankers in Asian waters and is redirecting them away from their positions near India, Malaysia and Sri Lanka, shipping and security sources said on Wednesday, exclusively to Reuters.
Iran’s Revolutionary Guards targeted three vessels, seizing two of them for alleged maritime violations and transferring them to Iranian shores, as U.S. President Donald Trump said Washington is extending its ceasefire with Iran until Tehran submits a proposal.
Two local trains collided head-on north of Copenhagen on Thursday (23 April), injuring 17 people, five of them critically, according to emergency services.
The U.S. military is redirecting at least three Iranian-flagged tankers after intercepting them in Asian waters near India, Malaysia and Sri Lanka, shipping and security sources said on Wednesday. Meanwhile, Tehran said U.S. breaches, blockades and threats are undermining “genuine negotiations.”
The European Union is preparing its 20th round of sanctions against Russia over the war in Ukraine. The measures are close to being approved, after earlier delays linked to energy concerns in Slovakia and Hungary eased following repairs to the Druzhba oil pipeline.
Russian emergency services have contained a major fire at the Tuapse oil refinery on the Black Sea coast, local officials said on Thursday, ending a four-day effort after a Ukrainian drone strike.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 24th of April, covering the latest developments you need to know.
A United States Army soldier has been charged with making more than $400,000 by betting on the removal of Venezuelan leader Nicolás Maduro, according to the Department of Justice.
The European Union adopted its 20th package of sanctions against Russia on Thursday (23 April), introducing sweeping new restrictions aimed at weakening Moscow’s war economy and limiting its capacity to sustain the war in Ukraine.
European Union leaders were set to discuss the bloc’s mutual assistance clause at a summit in southern Cyprus on Thursday, as U.S. President Donald Trump’s criticism of traditional allies raises concerns over his commitment to NATO.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment