Tuesday, September 16, 2025

Mexico, Canada Must ‘Shut Border’ to Avoid Tariffs Says Trump’s Commerce Pick

Howard Lutnick, President Donald Trump’s nominee for Commerce Secretary, said on Wednesday that Mexico and Canada could avoid new tariffs set for February 1 if they strengthen their border security, while advocating for broader trade measures to boost US manufacturing.

During his confirmation meeting, Lutnick outlined two distinct approaches: an immediate 25% tariff on Mexico and Canada linked to migration and fentanyl issues, and a broader trade study due by April 1.

“If we are your biggest trading partner, show us the respect, shut your border,” Lutnick said about the February 1 deadline. He added that both countries are “acting swiftly” and could avoid tariffs if they meet requirements.

The commerce nominee favors country-level tariffs over targeted measures. “My way of thinking, and I discussed this with the president, is country-by-country. Macro. Let America make it more fair,” he told senators, dismissing inflation concerns as “nonsense.”

Trump’s administration has outlined three tariff categories: the 25% levy on Canada and Mexico, sector-specific tariffs on items including semiconductors and metals, and a possible universal import tariff above 2.5%.

Press Secretary Karoline Leavitt confirmed Monday that the February 1 deadline for Mexico and Canada remains in place, with potential 10% tariffs on China also under consideration.


Information for this story was found via Bloomberg, and the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

New Found Gold: The Strategic Maritime Resources Purchase

Amex Exploration: Revised Perron PEA Has INSANE Economics

Aris Mining: The Multi Billion Dollar Soto Norte PFS

Recommended

Northern Superior Expands Philibert With 350 Metre Step Out Testing 1.10 g/t Gold Over 25.5 Metres

Goliath Resources Hits 18.58 g/t Gold Over 5.00 Metres At Surebet

Related News

Poilievre Unveils Strategy to Counter Trump Tariffs

Conservative Party leader Pierre Poilievre has outlined his plan to deal with US President Donald...

Thursday, April 3, 2025, 07:57:54 AM

Auto Sector Faces Uncertain Future as US-Canada Trade Tensions Escalate

Canada’s automotive sector stands at a critical juncture as recently implemented US tariffs threaten its...

Monday, May 12, 2025, 12:10:00 PM

Doug Ford Vows to Axe American Booze from LCBO Shelves in Retaliation to Tariffs

Ontario Premier Doug Ford has issued a stern warning to the Liquor Control Board of...

Tuesday, January 21, 2025, 10:49:00 AM

How Tariffs Became US’s New Swiss Army Knife

While mainly an economic tool, tariffs are now being used to chase security objectives and...

Saturday, August 16, 2025, 09:24:00 AM

Trump Signals No Trade Deal With Canada Before Deadline: “Pay The Tariffs”

President Donald Trump left the White House Friday declaring that negotiations with Canada are “not...

Saturday, July 26, 2025, 09:18:00 AM