Read more
7:04 PM · 29 January 2025

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

-
-
Open account Download free app

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

3 April 2026, 3:58 PM

Three Markets to Watch in the Week Ahead (03.04.2026)

3 April 2026, 1:32 PM

BREAKING: NFP payrolls skyrocket 🚀 EURUSD back in red 📉

3 April 2026, 11:55 AM

EURUSD catches breath before NFP 📈

3 April 2026, 7:20 AM

Economic Calendar: NFP Data Overshadowed by the Holiday Break

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits