U.S. tariffs on Canada and Mexico coming Tuesday, but may not be 25 per cent, Lutnick says

Open this photo in gallery: NIAGARA FALLS, CANADA – FEBRUARY 04: Commercial trucks drive towards the Lewiston-Queenston Bridge border crossing to the United States on February 04, 2025 in Niagara Falls, Canada. U.S. President Donald Trump risked starting a trade war after threatening a 25 percent tariff on many goods shipped from Canada into the United States. Yesterday, before the tariffs were enacted, it was announced that there would be a 30-day pause on the tariffs. (Photo by Joe Raedle/Getty Images)Joe Raedle/Getty Images U.S. Secretary of Commerce Howard Lutnick says tariffs on Canada and Mexico will go into effect Tuesday…