Commerce Sec. Howard Lutnick: Prices don't transfer except tariffs are above 50%

• Tariffs are not to blame for the jobs number
• Predicts US GDP growth of over 4% in 2026
• Weak jobs number about shutdown, deportations.
• EU technology rules are costing them big time.
• European economies are attacking the AI development with rules
• Europe very much want a steel deal with US
• I am confident that the Supreme Court will not rule against tariffs
• Administration’s goal is to bring semi conductor manufacturing to the US.
• The goal is to bring semi conductor and pharmaceutical manufacturing to the US.

This article was written by Greg Michalowski at investinglive.com.