March S&P 500 E-Mini futures (ESH25) are trending up +0.73% this morning, rebounding from yesterday’s losses after U.S. Commerce Secretary Howard Lutnick said the Trump administration might dial down some trade tariffs.
Lutnick said in an interview with Fox Business on Tuesday that U.S. President Donald Trump would “probably” announce a deal to lower tariffs on Canada and Mexico as early as Wednesday. He noted that tariffs would probably settle “somewhere in the middle,” with Trump “moving with the Canadians and Mexicans, but not all the way.”
