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Daily SumUp
Trump tariffs live updates: White House says Canada's efforts 'not good enough,' open to exemptions
Season 1, Ep. 6232
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US Commerce Secretary Howard Lutnick has said President Donald Trump is considering a deal that would offer exemptions from tariffs on Canada and Mexico, including potentially for carmakers.
The possibility of a rollback, which he said could be announced on Wednesday, came as many US businesses raised concerns about Trump's decision to hit US imports from its two closest trade partners with a 25% import tax.
After two days of declines, the main US stock indexes were trading slightly higher early on Wednesday.
