Trump Eyes Tariff Compromise with Canada, Mexico

Mar 04, 2025
CNBC
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Summary

President Trump is poised to unveil a compromise deal with Canada and Mexico that would scale back his controversial 25% tariffs on imports from those countries in exchange for concessions addressing his concerns, potentially easing trade tensions.

Key Points

  • Trump will likely announce a compromise with Canada and Mexico to scale back his new 25% tariffs on imports from those countries as early as Wednesday
  • The potential deals would involve Canada and Mexico agreeing to 'do more' to address Trump's concerns, after which Trump would 'meet them in the middle' by reducing the tariffs
  • The announcement is expected to come before Trump's primetime address to Congress and would not involve another pause on the tariffs

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