Previous to Trump US Com Sec Lutnick stated 35% Canada tariff "absolutely within the playing cards"

U.S. Commerce Secretary Howard Lutnick stated Thursday 35% tariff on all Canadian items not lined by the USMCA stays firmly on the desk, with the August 1 deadline set by President Donald Trump quick approaching.

Talking on Fox Enterprise Community’s Kudlow, Lutnick urged the door isn’t totally closed — however the ball is in Canadian Prime Minister Mark Carney’s court docket.

“If he makes that decision, activates the attraction, and backs off the retaliation — stops the silliness — possibly the president will ease up,” Lutnick stated. “However proper now, that 35% tariff letter he despatched? It’s absolutely within the playing cards.”

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Trump adopted up with:

• Trump on Canada 35% tariff “Did not like what Canada did on Palestinian state recognition”

This text was written by Aaron Cutchburt at investinglive.com.