When will trump walk back his latest tariffs?

[LetMyPeopleVote]

12. Lutnick: US could announce trade deal Wednesday with Mexico and Canada after imposing tariffs

There is too much blowback/bad press on trump's extremely stupid tariff plan. trump has to back down yet again because tariffs are stupid.

Link to tweet

https://www.cnn.com/2025/03/04/business/us-tariffs-trade-deal-mexico-canada

US Commerce Secretary Howard Lutnick said that President Donald Trump could announce a trade deal with Mexico and Canada as soon as tomorrow, just one day after the US imposed punishing tariffs on the two nations and sparked retaliatory levies.

“I think he’s going to work something out with them,” Lutnick said on Fox Business. “It’s not going to be a pause, none of that pause stuff, but I think he’s going to figure out, you do more, and I’ll meet you in the middle some way, and we’re going to probably be announcing that tomorrow.”

Trump’s policies have added uncertainty for the world’s biggest economy. The whipsaw application of tariffs and signs that perhaps that policy could change, all within a 24-hour span, have complicated decisions for businesses and increased pressure on an economy already showing signs of strain......

Lutnick said he had spoken with both Canadian and Mexican representatives about trade among the three countries.

A Canadian government source confirmed to CNN that Canadian Finance Minister Dominic LeBlanc spoke with the US commerce secretary on Tuesday.

The 25% tariffs come after Trump also imposed an additional 10% tariff on Chinese goods, raising that country’s rate to 20%.