Commerce Secretary Howard Lutnick said Thursday that President Donald Trump will likely announce later in the day a one-month tariff delay on all products that are covered by the USMCA free trade treaty.

U.S. Commerce Secretary Howard Lutnick said Thursday in a television interview that President Donald Trump will “likely” suspend the 25% tariffs on Canada and Mexico for most products and services for a month,

President Donald Trump could delay his new 25 percent tariffs on Canada and Mexico for all goods and services that are “compliant” with an existing trade deal between the North American countries, Commerce Secretary Howard Lutnick said Thursday morning.