According to the latest information, US Commerce Secretary Howard Lutnick stated in his statement that Donald Trump's tariff crisis could be resolved today (tomorrow US time).
Lutnick said in a statement:
- Trump will reach some kind of compromise with Mexico and Canada on tariffs, and we could announce it tomorrow.
- The Trump administration will balance the budget.
- Trump may lower tariffs on the US and Mexico tomorrow.
- Trump will make some concessions on issues related to Canada and Mexico, but will not give in completely (will not meet all of Canada and Mexico's demands).
*This is not investment advice.
