The U.S. government has stated that Canada and Mexico could still avoid hefty tariffs if they take action to curb fentanyl trafficking at their borders while also committing to slowing China’s advancements in artificial intelligence.

Secretary of Commerce-designate Howard Lutnick told a Senate committee that the threat of imposing a 25% tariff was to get

Since his re-election in November, Trump has repeatedly said he would hit Canada and others with tariffs of up to 25 per cent. On his first day back in the Oval Office, Trump suggested tariffs on Canadian goods could be coming on Saturday.

He noted those tariffs were separate from a broad effort by the Commerce Department, the U.S. Trade Representative’s office and the Treasury Department to review trade relations and tariffs by April 1.

President Trump has threatened to impose tariffs on Canada over drug trafficking, equating it with Mexico. U.S. government reports do not support the claim.

Commerce Secretary-designate Howard Lutnick appeared to give Canada (and Mexico) an out on potential tariffs today, suggesting that if action is taken to secure the border and shut the flow of fentanyl across the border,

Howard Lutnick said tariffs are essential for supporting U.S.-based manufacturing and won't trigger inflation while undergoing a Senate confirmation hearing on Wednesday.

Howard Lutnick, Trump's nominee for Commerce Secretary, proposed U.S. tariffs to pressure Canada and Mexico on fentanyl and to limit China's AI advancements. He emphasized restoring trade 'reciprocity' and closing Canada's dairy market.

Mexico's president on Wednesday said her nation is in dialogue with the White House and was confident that the 25% tariff isn't imminent.

President Donald Trump's nominee to run the Commerce Department, Howard Lutnick, said on Wednesday that Canada and Mexico can avoid looming U.S. tariffs if they act swiftly to close their borders to fentanyl,

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