Countries need to allow in more US products to bring down tariffs, Lutnick says
- U.S. Secretary of Commerce Howard Lutnick criticized the European Union for refusing to import American poultry and beef, saying, "They hate our beef because our beef is beautiful and theirs is weak."
- President Donald Trump signed an executive order imposing reciprocal tariffs on 185 countries, including a 20% tariff on the European Union and a 34% tariff on China.
- Lutnick emphasized that tariffs can create respect and fairness in trade relationships with other countries and are a response to unfair trade practices.
- Lutnick stated that other nations need to buy more American products, labeling the current situation as unfair treatment.
35 Articles
35 Articles
U.S. Trade Minister Lutnick - "Customs reductions in more US exports" - Stock markets are falling off
Following the imposition of new tariffs for imports into the US, trade minister Lutnick has signalled willingness to negotiate. Talking to all major trading partners worldwide about ways to reduce tariffs, Lutnick told the CNBC TV station. However, these countries would have to change their rules to allow more imports of US products.
US Trade Minister: negotiations conceivable - but only under conditions
US tariffs have already upset the world economy on the first day: prices have also broken on Wall Street. Meanwhile, US Trade Minister Lutnick promised negotiations - but only with states that give in to US demands.
'They do!' CNN host waves proof in front of Trump official's face in dispute over lobsters
Commerce Secretary Howard Lutnick was so adamant that neither Europe nor the UK would buy American-grown lobsters that he continued arguing even after CNN's Pamela Brown waved the proof right in front of him.Lutnick appeared on CNN Wednesday to defend President Donald Trump's sweeping global tarif...
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