White House officials have said Trump is considering reducing the tariff level after some progress from Mexico and Canada on reducing illegal immigration and the flow of fentanyl into the U.S.

Commerce Secretary Howard Lutnick said Trump will decide Tuesday afternoon whether to proceed with, reduce or postpone tariff plans that have been on hold.

President Donald Trump was poised to impose 25% taxes on imports from Canada and Mexico Tuesday and to double to 20% his levies on Chinese products.