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.

A deal to roll back U.S. tariffs on Canadian and Mexican goods may be in the works, a top Trump administration official suggested Tuesday, as President Donald Trump prepared to give a major address to Congress.

Commerce Secretary Howard Lutnick said he thinks President Trump might consider tariff relief for Canada and Mexico in a compromise, and that an announcement may come Wednesday afternoon. “The president is listening to the offers from Mexico and Canada.

Trump considering tariff exemptions for some Canada, Mexico goods, Commerce Secretary Lutnick said Wednesday. Read more here.

Commerce Secretary Howard Lutnick said that President Trump may announce a compromise with Canada and Mexico on Wednesday, the day after he imposed 25 percent tariffs on the two neighboring countries.

President Donald Trump's Commerce secretary indicates there won't be a "pause" on tariffs, but negotiations with Canada and Mexico will meet "in the middle."

The U.S. Commerce Secretary said President Donald Trump is "open-minded" about meeting Canada and Mexico "in the middle".

Commerce Secretary Howard Lutnick hinted at a compromise and a scaling back of the 25% tariffs imposed by Washington on Canada and Mexico on Tuesday.

The Trump administration could announce a pathway for tariff relief on Mexican and Canadian goods covered by North America’s free trade agreement as soon as Wednesday, Commerce Secretary Howard Lutnick said.