President could strike deal to provide ‘relief’, US commerce secretary says, amid warnings of price increases for US consumers
Donald Trump is weighing plans to water down sweeping US tariffs on goods from Canada and Mexico, according to a senior official, one day after an economic strike on the US’s two biggest trading partners sparked warnings of price increases and disruption.
The US president extended his aggressive trade strategy at midnight on Tuesday by targeting the country’s two closest neighbors with duties of 25%.
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