Lutnick: Some April 2 tariffs will be right away, others will a month or two

• Tariffs after April 2 will be very solid and very thoughtful
• In 2026 we renegotiate USMCA
• We expect interest rates to come down if we balance the budget
• On Mexico and Canada tariffs repeats that they’re “going to be in the middle somewhere”
• Looking at USMCA compliance, including on autos
• There will be an explosion in the housing and stock markets when rates come down due a balanced budget
• You are going to see the greatest equity market in history

We will see what happens today but just after the equity market close yesterday, he announced that tariffs were going to come down.

This article was written by Adam Button at www.forexlive.com.