Summary

U.S. Commerce Secretary Howard Lutnick said Trump will “probably” announce a tariff reduction deal with Canada and Mexico, tying it to their efforts to curb fentanyl trafficking.

However, Canada’s Foreign Minister Mélanie Joly denied any discussions, stating her office hadn’t been contacted about the plan.

Canada and Mexico imposed retaliatory tariffs after the U.S. enacted 25% levies.

Prime Minister Trudeau condemned Trump’s tariffs as “very dumb” and accused him of attempting to “collapse the Canadian economy” to enable annexation, vowing, "We will never be the 51st state.