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

- 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
Source: Forex Live