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”,

Commerce Secretary Howard Lutnick said Trump will decide Tuesday afternoon whether to proceed with, reduce or postpone tariff plans that have been on hold.

Yahoo Finance will chronicle the latest news and updates on Trump's tariffs — from the threats to the eventual policy.

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.

President Donald Trump's new tariffs on Canada, Mexico, and China are expected to start on Tuesday. Here are the goods imported most.

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.

The US Commerce Secretary says the two countries have ”done a reasonable job” securing their US borders. Read more at straitstimes.com.

Volkswagen's factory in Puebla, Mexico, made nearly 350,000 cars in 2023, including the Jetta, Tiguan and Taos, all for export to the U.S. In Canada, Volkswagen is building a battery gigafactory in Ontario, with output to begin by 2027.