US Commerce Secretary Lutnick on the EU: They've made real offers.
Commerce Sec Lutnick: Expect 15-20 additional letters on tariffs over next 2 days to go out - CNBC
Commerce Secretary Lutnick States Countries Treating US Well Could Receive Another Rate. 🇺🇸💰
US Commerce Secretary Howard Lutnick said in a CNBC interview that the department expects to issue 15 to 20 additional tariff-related notification letters within the next two days. The letters are part of the Biden administration’s ongoing effort to enforce trade policy and follow April’s imposition of a 145% tariff on Chinese goods. Lutnick added that “many countries” have responded to recent U.S. pressure by offering to open their markets, singling out the European Union as having presented “real offers” now under review by President Donald Trump. He indicated that nations demonstrating improved treatment of U.S. exporters could see tariff rates adjusted, suggesting negotiations are moving toward greater market access for American firms.