As Bloomberg reports, President Donald Trump will exempt Mexican and Canadian goods covered by the North American trade agreement known as USMCA from his 25% tariffs, offering major reprieves to the US’s two largest trading partners. The pause on the tariffs, which are related to illegal immigration and fentanyl tracking, will expire on April 2, according to Commerce Secretary Howard Lutnick. That is the date when the president is expected to start unveiling plans for so-called reciprocal duties on nations around the world as well as sector-specific duties. https://www.zerohedge.com/political/stocks-bounce-lutnick-hints-usmca-compliant-tariff-exemptions