The stock market dropped sharply in recent days as investors worried about the effects of President Donald Trump’s new tariffs on Canada and Mexico.
Commerce Secretary Howard Lutnick hinted at a compromise and a scaling back of the 25% tariffs imposed by Washington on Canada and Mexico on Tuesday.
Commerce and Industry Minister Piyush Goyal has returned from Washington after engaging in trade discussions with US officials. The dialogue included talks with USTR Jamieson Greer and Commerce Secretary Howard Lutnick,