U.S. Commerce Secretary Howard Lutnick announced on Sunday that tariffs on imports from Canada and Mexico will go into effect on Tuesday, though the exact rates remain uncertain.
Speaking on Fox TV’s Sunday Morning Futures, Lutnick noted that while the administration had previously planned a 25% tariff on most goods from these nations—except for energy products subject to a 10% tariff—the final decision will rest with President Donald Trump and his team.
“There are going to be tariffs on Tuesday on Mexico and Canada. Exactly what they are, we are going to leave that for the president and his team to negotiate,” Lutnick said, describing the situation as “fluid.” This latest development follows a month-long delay in implementing the originally scheduled tariffs.
Lutnick acknowledged that both Canada and Mexico have “done a reasonable job” securing their borders with the United States. However, he expressed concern over the continued flow of fentanyl into the country, a factor that may influence the administration’s decision on the final tariff levels.
The move comes amid broader trade discussions and ongoing debates over U.S. border security and international trade policies. Earlier, President Trump had indicated an intention to impose a uniform 25% tariff on most imported goods from Canada and Mexico, a policy shift that would mark a significant change in U.S. trade relations with its northern neighbors. Recent remarks also referenced earlier instances when lower tariffs were maintained, highlighting how shifts in trade policy have historically impacted relations with these countries.
As the deadline approaches, industry analysts and trading partners are watching closely to see how the administration’s revised approach will affect both bilateral trade and border security measures.
The U.S. auto industry is preparing for the impact of new trade policies, including 25 percent tariffs, set to take effect in April after a 30-day delay.
The White House has affirmed that U.S. President Donald Trump still intends to implement new reciprocal tariff rates on April 2, despite earlier remarks from Treasury Secretary Scott Bessent hinting at a possible delay.
Chinese state media warned on Tuesday that the United States could suffer significant economic harm as other countries retaliate against its tariffs with “high tariffs” on American goods.
Canada has initiated a formal dispute complaint against the United States at the World Trade Organization (WTO) over its imposition of import duties on certain steel and aluminium products from Canada.
The European Commission’s plan to impose additional duties on up to 26 billion euros ($28 billion) of U.S. imports could significantly disrupt Europe’s livestock sector, which heavily relies on imported grains for animal feed, according to industry association FEFAC.
The Houthi group in Yemen claimed responsibility for a series of missile and drone attacks, targeting Ben Gurion airport in Israel and U.S. warships in the Red Sea.
The European Union views the Palestinian Authority as "best placed to govern Gaza," according to EU foreign policy chief Kaja Kallas, following her meeting with Palestinian Prime Minister Mohammad Mustafa in Ramallah.
U.S. President Donald Trump has indicated that he is prepared to take a more flexible stance on new tariffs for automobiles and other goods than initially expected.
A group of top Trump administration officials reportedly shared sensitive military plans over the encrypted messaging app Signal just hours before the United States launched strikes on Houthi targets in Yemen, sparking a political storm in Washington.
Bank of America (BofA) said the recent volatility in Turkish markets has so far had only a limited inflationary impact, stressing that Türkiye’s economic management remains in control.
In a groundbreaking study published in Cell on January 18, Chinese researchers have unveiled a novel cancer treatment that ingeniously disguises tumors as pig tissue, triggering the body’s immune system to mount a hyperacute rejection response against the cancer cells.
Sweden’s Prime Minister Ulf Kristersson stated on Thursday that purchasing U.S. weapons does not pose a security risk for his country, but emphasized the need for Europe to reduce its reliance on American defense systems. His comments come amid growing discussions within Europe.
NASA astronauts Butch Wilmore and Suni Williams completed an unexpectedly long 286-day mission on the ISS, returning to Earth aboard a SpaceX capsule after delays caused by technical issues with Boeing’s Starliner.
Russian President Vladimir Putin agreed on Tuesday to a proposal by U.S. President Donald Trump that Russia and Ukraine cease attacking each other's energy infrastructure for 30 days, the Kremlin said following a lengthy phone discussion between the leaders.
Mexican forces have dismantled a massive meth lab in Zacatecas, dealing a blow to a Sinaloa Cartel faction.
U.S. President Donald Trump announced on Monday that he anticipates a U.S.-Ukraine revenue-sharing agreement on Ukrainian critical minerals will be signed soon.
Australia is set to accelerate A$1 billion in defence expenditure in Tuesday’s federal budget, as part of a broader effort to enhance its military capabilities, Defence Minister Richard Marles announced on Monday.
In a move that could significantly boost India's artificial intelligence landscape, tech leaders OpenAI and Meta Platforms have engaged in separate discussions with Reliance Industries, according to a report by The Information.
The British government announced on Saturday a £600 million investment aimed at addressing severe construction skills shortages that threaten its ambitious plan to build 1.5 million new homes by 2029 and drive economic growth.
The Office of Financial Sanctions Implementation (OFSI) has disclosed the full impact of UK sanctions on Russia, reporting that more than £25 billion in Russian assets have been frozen.
The Houthi group in Yemen claimed responsibility for a series of missile and drone attacks, targeting Ben Gurion airport in Israel and U.S. warships in the Red Sea.
The European Union views the Palestinian Authority as "best placed to govern Gaza," according to EU foreign policy chief Kaja Kallas, following her meeting with Palestinian Prime Minister Mohammad Mustafa in Ramallah.
U.S. President Donald Trump has indicated that he is prepared to take a more flexible stance on new tariffs for automobiles and other goods than initially expected.
A group of top Trump administration officials reportedly shared sensitive military plans over the encrypted messaging app Signal just hours before the United States launched strikes on Houthi targets in Yemen, sparking a political storm in Washington.
Bank of America (BofA) said the recent volatility in Turkish markets has so far had only a limited inflationary impact, stressing that Türkiye’s economic management remains in control.
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