U.S. Commerce Secretary Howard Lutnick revealed in an interview with Fox Business that President Donald Trump is expected to find a middle ground with Canada and Mexico regarding tariffs. The announcement of this compromise was anticipated to be made on Wednesday. The significance of this development lies in Trump’s implementation of new 25% tariffs on imports from Mexico and Canada, alongside a doubling of duties on Chinese goods to 20%, which has ignited trade tensions that could negatively impact economic growth and lead to higher prices for American consumers. Canadian Prime Minister Justin Trudeau criticized the tariffs as “a very dumb thing to do” and expressed immediate retaliatory measures against the U.S. Lutnick indicated that both Mexico and Canada have been in discussions to demonstrate their willingness to improve the situation, and Trump is open to working out a solution that involves concessions from all parties. Lutnick suggested that a middle-ground approach is likely to be the outcome of these negotiations. The potential resolution of this trade dispute holds implications for the cost of living and economic stability. The situation remains dynamic, with all eyes on the forthcoming announcement regarding the tariffs.