US commerce chief says Trump to meet Canada, Mexico in middle on tariffs

By Kanishka Singh and Jasper Ward

WASHINGTON (Reuters) - U.S. Commerce Secretary Howard Lutnick told Fox Business connected Tuesday that President Donald Trump volition scope a mediate crushed with Canada and Mexico connected tariffs and an announcement to that effect was expected connected Wednesday.

WHY IT'S IMPORTANT

Trump's caller 25% tariffs connected imports from Mexico and Canada took effect connected Tuesday, on with a doubling of duties connected Chinese goods to 20%. The determination has sparked commercialized wars that could slam economical maturation and assistance prices for Americans inactive smarting from years of precocious inflation.

Canadian Prime Minister Justin Trudeau told Trump connected Tuesday that his tariffs connected Canadian imports were "a precise dumb happening to do" and said Ottawa was striking backmost instantly astatine its closest ally.

KEY QUOTES

"Now, some the Mexicans and the Canadians were connected the telephone with maine each time today, trying to amusement that they'll bash better, and the president is listening," Lutnick said.

"So I deliberation he's going to enactment thing retired with them. It's not going to beryllium a intermission ... but I deliberation he's going to fig retired you bash more, and I'll conscionable you successful the mediate somewhere, and we're going to astir apt beryllium announcing that tomorrow," helium said.

"So determination successful the mediate volition apt beryllium the outcome."

(Reporting by Kanishka Singh and Jasper Ward successful Washington; Editing by Nia Williams)