The U.S. commerce secretary wants to renegotiate the 2012 agreement that would have Canada collect toll revenue on the new Windsor-Detroit crossing until it recoups the $6.4 billion cost of construction, which co-owns the bridge. Citing unnamed sources, Bloomberg reported that Lutnick stepped in to push for a greater share of toll fees. (Bloomberg)
Talking point: President Donald Trump declared in February that he would “not allow” the bridge to open until the U.S. got a better deal. That threat came hours after Lutnick reportedly met trucking magnate Matthew Moroun, whose family owns the rival Ambassador Bridge. A ribbon-cutting ceremony for the Gordie Howe bridge was scheduled for June 12 and Prime Minister Mark Carney said it would open within days. The U.S. then asked to delay the opening and Carney said Canada agreed to “take the necessary time to resolve outstanding issues.”
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