US Commerce Secretary Firm on Tariff Stance

In a recent interview with CNBC, United States Commerce Secretary Howard Lutnick made it clear that exemptions to tariffs are unlikely. This statement comes as the US engages in negotiations with all major trading countries, aiming to reshape global trade policies without room for retaliation.

Global Trade Policies Under Scrutiny

Lutnick emphasized the ineffectiveness of retaliatory measures by trading partners, asserting that US products must be sold in their markets. He also highlighted the impact of President Donald Trump's reciprocal tariffs, predicting a thorough reevaluation of trade policies by most countries.