Canada and Mexico can avoid American tariffs if they take sufficient action to secure their border and stop the flow of fentanyl, U.S. President Donald Trump’s pick for commerce secretary Howard Lutnick testified at his confirmation hearing.
“As far as I know, they are acting swiftly, and if they execute it, there will be no tariff,” Lutnick testified in Washington, D.C., on Jan. 29. “And if they don’t, then there will be.”
Trump has threatened to impose 25 percent tariffs on all Canadian and Mexican exports unless the countries take appropriate steps to combat drug trafficking and illegal immigration at their borders with the United States….