According to statements made by Howard Lutnick, the U.S. Secretary of Commerce, to CNBC, discussions regarding the reduction of new tariffs have been ongoing for over a month following President Donald Trump’s announcement of a 10% global base tariff and significant reciprocal tariffs.
Lutnick stated that negotiations are underway with key international trade partners to adapt their rules to allow for more U.S. product imports, suggesting potential changes in tariff policies.
Related Topics
-
Business: Government Highlights Continuity and Review of T-MEC
-
Geopolitics: Russia, Cuba and North Korea Escape the Worst of Trump’s Tariffs
-
Politics: Sheinbaum Highlights Good U.S.-Mexico Relations Amid Reciprocal Tariff Exemptions
“The key question is: Will they accept our agricultural products? Can they treat us fairly? Over time, the answer will be yes,” Lutnick declared. “U.S. products will sell better in other parts of the world.”
