Commerce Secretary Howard Lutnick stated on Sunday that the general public is “going to love the deals that President Trump and I are doing” because the administration guarantees forthcoming breakthroughs on tariffs.
“Well, you heard in our polling some of the perceptions of the economy,” CBS News’ Margaret Brennan told Lutnick on “Face the Nation.” “Sixty-one p.c of Individuals imagine the administration is placing an excessive amount of concentrate on tariffs, 70 p.c say the administration shouldn’t be doing sufficient to decrease costs and 60 p.c oppose new tariffs on imported items.”
“This is a centerpiece to your policy plan. How do you reverse public opposition?” she requested.
“Oh, they’re going to love the deals that President Trump and I are doing. I mean, they’re just going to love them. You know, the president figured out the right answer, and sent letters to these countries, said this is going to fix the trade deficit,” Lutnick responded.
“This will go a long way to fixing the trade deficit, and that’s gotten these countries to the table and they’re going to open their markets or they’re going to pay the tariff,” he added.
Trump’s whiplash method to threatening and imposing tariffs has at occasions rattled the markets.
The president has despatched letters to dozens of nations warning of tariffs starting from 20 to 50 p.c to be imposed starting Aug. 1 until new offers are reached.
“For 80 years, America’s leaders let countries put tariffs on our products and we did nothing,” Lutnick stated Tuesday in a submit on the social platform X.
“Now under President Trump’s leadership, American consumers and businesses are going to be competing on a level playing field. America will come out ahead,” he added.
