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.

Futures for the Dow Jones Industrial Average gained 47 points. S&P 500 futures ticked up 0.2% and Nasdaq 100 futures gained 0.25%. Commerce Secretary Howard Lutnick said Sunday on Fox News that the exact tariff that will be levied against Mexico and Canada starting Tuesday is still "fluid,

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”,

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.

All three Detroit automakers, along with others, build vehicles in Canada and Mexico that would face tariffs imposed by Trump.

U.S. Commerce Secretary Howard Lutnick said on Sunday that tariffs on Canada and Mexico will go into effect on Tuesday, but that President Donald Trump will determine whether to stick with the planned 25% level.

U.S. President Donald Trump will decide on Monday what levels of tariffs he will impose early on Tuesday on Canada and Mexico amid last-minute negotiations over border security and efforts to halt the inflow of fentanyl opioids,

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.