President Donald Trump is anticipated to strike a compromise on the 25% tariffs imposed on Canada and Mexico. US Commerce Secretary Howard Lutnick has revealed that talks are currently underway. The implementation of these tariffs has sparked concerns of a potential trade war, as both countries have cautioned about potential retaliatory measures. The negotiations between the US and its North American neighbors are crucial in easing tensions and preventing further escalation of trade disputes. President Trump’s decision regarding these tariffs will have significant implications not only for the US economy but also for the global trade landscape. Stay updated on the latest developments of this trade issue as it unfolds to understand the potential impact on various industries and markets.