Commerce Secretary Howard Lutnick said that Canadian and Mexican goods compliant with USMCA, the free-trade agreement President Trump signed with the countries in 2020, likely won’t have a tariff until next month.

President Donald Trump is likely to defer his 25% tariffs on Canada and Mexico for all goods and services covered by the North American trade agreement known as USMCA, Commerce Secretary Howard Lutnick said,

U.S. Commerce Secretary Howard Lutnick on Thursday said the one-month reprieve on hefty tariffs on goods imported from Mexico and Canada that has been granted to automotive products is likely to be extended to all products that comply with the U.