Economy

Exclusive: Trump's Tariff Stance Unshaken, Commerce Secretary Lutnick Asserts

Trump's Tariff Policy: No Retreat in Sight

In a bold statement to CNN, United States Commerce Secretary Howard Lutnick declared there's "no chance" President Donald Trump will reverse his new tariff policy. Lutnick emphasized that countries seeking relief from these duties must first revise their trade strategies with the U.S.

Trust in Trump's Economic Strategy

Lutnick voiced strong confidence in Trump's approach, urging trust in the president's ability to mend the global economy. "Let Donald Trump run the global economy. He knows what he's doing. You gotta trust him... It's broken. Let him fix it," Lutnick insisted.

Recent Tariff Announcements

This comes after Trump's recent imposition of reciprocal tariffs on several countries and a significant 25% duty on foreign-made automobiles, signaling a tough stance on international trade.