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US to make Canada, Mexico tariff announcement on Wednesday, Commerce chief says

ReutersMar 5, 2025 1:34 PM

- U.S. Commerce Secretary Howard Lutnick said an announcement on tariffs on goods from Mexico and Canada was expected later on Wednesday after he talked with President Donald Trump, who is weighing possible sectors such as automobiles that could see some potential relief.

Lutnick, in an interview with Bloomberg TV, also said that wider reciprocal tariffs were still coming April 2, with some being levied right away and others taking weeks or months before being imposed.

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