Commerce Secretary Howard Lutnick on Tuesday teased that the Trump administration has reached its first trade deal, but said it was not fully finalized and declined to name the country involved. The stock market rose to its highs of the session following the comments,

U.S. President Donald Trump's administration has reached one trade deal already and is waiting for approvals from that country before announcing it, U.S. Commerce Secretary Howard Lutnick said in an interview with CNBC on Tuesday.

Commerce Secretary Howard Lutnick on Tuesday declared he brokered an international trade deal—but for some reason wouldn’t share any details. Or even the name of the country in question.