Howard Lutonic, a candidate for running the Donald Trump Ministry of Commerce, avoids urging US tariffs on Wednesday if Canada and Mexico act quickly to close the border to Fentanil. He said he could.
Lutnick, a CEO of the billionaire wall street in the U.S. Senate confirmation hearing, advocates Trump to pursue the country’s as a whole tariff in order to recover the “mutualism” of trade in the United States. He stated that it would build a stronger curb for China’s access. US technology containing advanced AI semiconductors.
LUTNICK stated that Trump’s Saturday, which imposes 25 % tariffs on products from Canada and Mexico, intend to put pressure on the United States to stop the Fentanyl flow in two countries. The intimidation obligations are different from the US tariffs, trade transactions, and other trade policies that Trump ordered last week.
“This is another customs duties to create actions from Mexico and Canada,” Lutonic said about a 25 % duty threat. “And, as far as I know, they are acting quickly, and there is no tariff if they do it.”
Lutnick has repeatedly demanded “mutualism” in trade with other countries. This is in line with Trump’s oath to build a universal duties of 10 % for all US imports. He also wanted to improve access to the closed dairy market.
“My way of thinking, and I discussed this with the President. The country is a macro,” said Lutonic, when he asked about his preference about whether Trump should impose tariffs, and to confirm the U.S. House of Representatives. 。
“We are terrifyingly treated by the world trade environment. They have customs duties, non -duty -based barriers, and subsidies,” Lutonic said. “They treat us poorly. We need to be treated more well. We need to be treated with respect, and use tariffs to create mutualism, fairness, and respect. “
LUTNICK’s comment reflects what Trump made by the European Union last week, saying that it was “very bad for us,” and said, “The only way … you gain fairness.”
Following the U.S. financial market reaction to the appearance of a powerful and low -cost AI model of AI Startup Deepseek in China, members of the Senate Commercial and Scientific Transportation Committee will maintain US AI leadership in Lutnick. I asked repeatedly.
Lutnick said that Deepseek has swore to create a “inexpensive” AI model by misusing US technology and impose new restrictions on Beijing technology access.
“They stealed things. They have invaded. They have taken our IP,” Lutonic said about China. “It must be over. I have to maintain the lead, so it will be strict to pursue restrictions and implement these restrictions to keep us as a lead. “