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Lutnick says Trump tariff with Canada, Mexico likely ends with meeting in the middle, possible deal soon

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Commerce Secretary Howard Lutnick signaled a possible agreement between the Trump administration and leaders of Canada and Mexico that could see some of the tariffs imposed on both nations rolled back.

The U.S. has imposed retaliatory tariffs following those imposed by President Donald Trump that went into effect Tuesday .

Trump said the increases were in response to both countries not doing enough to curb the flow of illegal immigration and illicit drugs.