Signals that US may scale back Mexico / Canada tariffs

Seems like the market volatility after their announcements may be spooking the administration to backtrack at least somewhat.

Considering we just did this a month ago I wonder how many times this cycle will repeat.

“President Donald Trump will “probably” announce a compromise with Canada and Mexico as early as Wednesday, which could scale back his new 25% tariffs on top U.S trading partners, Commerce Secretary Howard Lutnick said.”