business
Commerce Secretary Delays New US-Canada Bridge Opening While Seeking Larger U.S. Toll Share
Howard Lutnick intervened to postpone the bridge opening and is pressing to renegotiate the deal for a larger U.S. share of toll revenue. The actions were reported by sources to @business.
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Commerce Secretary Howard Lutnick intervened to delay the opening of a new bridge between the United States and Canada, @business reported. He is also pressing to renegotiate the underlying deal to secure a larger share of toll revenue for the U.S. side.
The information was provided by sources familiar with the matter. No further details on the timing of the delay or the specific terms under discussion were included in the reporting.
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