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.

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.

US Commerce Secretary Howard Lutnick told CNBC Thursday that goods and services compliant with a trade pact between the United States, Mexico and Canada would probably receive a one-month exclusion from President Donald Trump’s tariffs.