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Lutnick says the perfect any nation can do is a ten% US tariff

US Commerce Secretary Lutnick:

  • if a country opens its markets the best it can hope for is a 10% US tariff
  • Deescalation with China is Bessent’s goal in talks
  • says favours Trumps plan for raising the tax rate on high earners

WH Trade Adviser Navarro says:

  • US is not getting rid of the tariffs on steel and aluminium

more to come

This article was written by Eamonn Sheridan at www.forexlive.com.

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