U.S. Secretary of Commerce Howard Lutnick indicated that nations must lower trade barriers for the United States to engage in negotiations. In an interview with CNN, Lutnick stated that President Donald Trump remains firm on the reciprocal tariffs imposed on up to 60 countries.
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Describing the move as a “reordering of global trade,” he emphasized that easing trade restrictions is essential for any potential dialogue with the U.S.
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“I don’t think there is any chance that President Trump is gonna back off of his tariffs. This is the reordering of global trade, right? But the world should stop exploiting the United States of America . Let our farmers sell their products, let our ranchers sell their products,” he told CNN.
Any room for negotiation: When asked if there was any room for negotiation at all, he said, “He (Trump) is not backing off. But countries can fix their tariffs, their non-tariff trade barriers which are much much rougher.”
Sharing an example of the kind of non-tariff barriers faced by the US companies while taking their business in foreign countries, Lutnick said, “McDonald’s tried to bring in French fries and they wouldn’t let them take the French fries because they couldn’t prove the origin, now that is called non-tariff trade barrier.”
Lutnick echoed Trump’s rhetoric that the US has been exploited by many nations and said the President would make a deal with every country if they “change their ways”. When argued if that is backing off, he retaliated that it was the “dealmaker making his deals win”.
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