7:04 PM · 29 January 2025

US Commerce Secretary Lutnick signals potential lower tariffs to Canada and Mexico

TNOTE
Commodities
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The new US Commerce Secretary, Howard Lutnick signalled today that US may weaken its tariffs' policy against Canada and Mexico, while tariffs on Chinese goods should be more aggressive.

  • Chinese tariffs should be the highest, but the US may need to impose tariffs on allies.
  • I will pursue restrictions to keep the US in the lead over China on AI.
  • Export controls must be backed by a tariff model.
  • DeepSeek leveraging from the US must be addressed.
  • If Canada addresses the flow of fentanyl into the US, there will be no tariffs.
  • If Canada and Mexico execute, they will avoid some tariff.
  • Tariffs don't cause inflation. The US economy will be much, much better.
  • China needs to stop using US tools to compete. Tariffs can create reciprocity.
  • I favor across-the-board tariffs. Tariffs can be used to create fairness.
 

Source: xStation5

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