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Commerce Secretary Lutnick says Trump tariffs ‘worth it’ even if they lead to recession

Commerce Secretary Howard Lutnick defended Donald Trump's tariffs, claiming they are 'worth it' even if they lead to a recession.
Lutnick asserted that tariffs are part of a larger strategy, insisting they help America.
The majority of tariff costs are borne by U.S. Firms and consumers, totaling $116 billion in 2018-2019.

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Raw Story

'The price is going up': Fox host puts Trump secretary on spot over denying inflation

Fox Business host Stuart Varney pushed back on Commerce Secretary Howard Lutnick after the Trump administration official claimed that tariffs do not cause inflation.During a Wednesday interview on Fox Business, Varney asked President Donald Trump's commerce secretary about the 25% tariff on steel an...

2 hours ago·United States

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Colorado Springs Gazette

US Commerce chief says nothing will stop metals tariffs, will add copper protections

WASHINGTON (Reuters) - U.S. Commerce Secretary Howard Lutnick said nothing would stop President Donald Trump's expanded 25% tariffs on steel and aluminum until U.S. domestic production is strengthened, and that Trump will add copper to his trade protections.

3 hours ago

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American Wire News

Commerce Secretary says even if there is a recession, tariffs are worth it · American Wire News

The commerce secretary kept his eyes on the prize as questions about White House policies leading to recession found him encouraging, “Let the dealmaker make his deals.” After tempering 40-year-high inflation and record-breaking gas prices under then-President Joe Biden, corporate media’s interest in administration decisions impacting the economy is once again piqued with President Donald Trump in office. However, fervor to talk up a recent dip …

3 hours ago

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Clarin

Trump does not rule out his economic policies causing a recession

President Trump said that Americans would gain in the long term with their tariffs, which he said would prevent the country from being "staffled."

3 hours ago·Buenos Aires, Argentina

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WLKY

+12 Reposted by 12 other sources

President Trump flip-flops on tariffs, economy

President Donald Trump is defending his use of tariffs, claiming they will strengthen the economy long-term while downplaying talk they will lead to a recession.

4 hours ago·Louisville, United States

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