Stock futures climbed Monday as investors tried to decipher what President Donald Trump 's final tariff plan will look like. Duties of up to 25% on imports from Mexico and Canada are set to take effect Tuesday – though Commerce Secretary Howard Lutnick suggested that the administration could reduce the rate.

Trump said the tariffs against Mexico and Canada are expected to go into effect on April 2, after a monthlong pause. But then Commerce Secretary Howard Lutnick said another pause is possible based on fentanyl prevention and progress on the border.

President Donald Trump will impose tariffs on Mexico and Canada on Tuesday but is still deciding on the levels, commerce secretary Howard Lutnick has said. Mexico and Canada have done “a lot” to address Trump’s concerns about border crossings but not enough to address his worries about “fentanyl deaths in America”,

All three Detroit automakers, along with others, build vehicles in Canada and Mexico that would face tariffs imposed by Trump.

President Donald Trump’s delayed tariffs on Canada and Mexico will go into effect on Tuesday, according to Treasury Secretary Scott Bessent.

U.S. Commerce Secretary Howard Lutnick stated that President Trump is considering tariffs on Canadian and Mexican goods. With a decision due, there's praise for improved border security but calls for more action against fentanyl trafficking.

US Commerce Secretary Howard Lutnick has indicated that tariffs on Canada and Mexico will be imposed from Tuesday as planned, but that their rate could be lowered.

U.S. Commerce Secretary Howard Lutnick said on Sunday that tariffs on Canada and Mexico will go into effect on Tuesday, but that President Donald Trump will determine whether to stick with the planned 25% level.

The U.S. Commerce Secretary says Trump will meet with his advisors to discuss the tariffs set to be imposed Tuesday, adding that the U.S. is concerned about Canada and Mexico’s measures on fentanyl