Trump to Decide on Canada, Mexico Relief Today, Lutnick Says

March 5, 2025, 3:08 PM UTC

President Donald Trump is set to announce changes to the tariffs on Canada and Mexico he slapped on earlier this week, with potential relief for automobiles and other sectors, Commerce Secretary Howard Lutnick said Wednesday.

“What he is thinking about is which sections of the market that can maybe — maybe he’ll consider giving them relief,” Lutnick said in an interview on Bloomberg Television. While some categories will be left with the 25% tariff hike, some will be left out. “It could well be autos, it could be others as well” that get relief, he said.

Lutnick emphasized that ...

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