Countries need to allow in more US products to bring down tariffs, Lutnick says
- Commerce Secretary Howard Lutnick criticized European Union policies, stating that they discriminate against U.S. Beef because it is superior.
- A new 20% tariff on EU goods was announced, with Lutnick emphasizing that tariffs are necessary due to unfair treatment of U.S. Products.
- The U.S. Beef quota to the EU has not been fully utilized, reaching only 52.9% in 2022, with restrictions still in place.
- Lutnick stated that discussions with global trading partners are ongoing to change trade regulations and ensure fairer treatment of U.S. Goods.
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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