Lutnick: US could announce trade deal Wednesday with Mexico and Canada after imposing tariffs | Money [Video]

(CNN) — 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.”

The whipsaw application of tariffs and signs that perhaps that policy could change, all within a 24-hour span, underscored the uncertainty of Trump’s policies, complicating decisions for businesses and adding pressure to an economy already showing signs of strain.

The White House imposed 25% across-the-board tariffson Mexican imports and on nearly all Canadian imports early …