Howard Lutnick trader said in Sunday that Americans “absolutely no” recession bracelets told Donald Trump that the USA is in the “transition” on how to implement far-reaching reciprocal rates from foreign countries.
“There will be no recession in America. … Global tariffs will come down because President Trump said,” Do you want to charge us 100%? We will charge you 100%, “” Lutnick said NBC News “” Meet the press. “
Lutnick claimed that Trump plans to “release America into the world” and “grow our economy in the way we have never found before”.
“So if Donald Trump brings growth in America, I would never bet on a recession, there’s no chance,” the trade secretary added.
In a special interview on Fox News “” Sunday morning the future, “Maria Bartiromo asked Trump if he expects a recession this year.
“I hate to predict such things,” President Bartiromo said.
“There is a period of transition, because what we do is very big. It’s a lot of time, it takes a little time,” he added a little time, “he added a little time,” he added.
Lutnick also promised Americans that the prices of food products will begin to descend in early April, but warned that he would lead to pricing on foreign commodities as a result of the expected reciprocal tariffs of Trump.
“Yes, some products made can be more expensive, but American products will be cheaper, and will” listen “to the effects of reciprocal tariffs as the goods said that Trump would say that it will impose on 2. April. April.
“The President will negotiate the country by country. The barriers of other countries, the release of our farmers, our ranchers and our fishermen will be exploding, cultivating crops, produce and fish,” Lutnick predicted.
“Donald Trump stands behind them, protects them,” Lutnick added, referring to American farmers. “He has a back, and he will make them winners. And then all America will be the winners, because these prices are lower. And the process begins on the 2nd April” “
In an interview with Fox Trump, he described his reasoning for the tariffs to protect Americans to “get away”.
“Look, our state is torn by long decades, for many, many decades, and we will no longer rip off the tariffs,” he said, Bartiro.
Consumers and major merchants felt the whip last week as Trump released the exemption of tariffs on Canada and Mexico only two days after he introduced them.
But exceptions from tariffs issued last week expire 2. April – the same date that president expects to impose reciprocal tariffs to other nations.
On Fox, Trump said bartiroma that the tariffs would take effect on 2. April, and not plans to give Canada and Mexico further extensions.
“It’s a transition in April, and then I don’t do that. I mean, I told them, I said,” I’ll watch, I’ll do it this time. ” “” Ne radim to “, rekao je,” “, rekao je,”, rekao je “, rekao je”, rekao je “” “, rekao je,” “, rekao je,” “, rekao je,”
He also said that the rate of tariffs in foreign peoples could rise over time, saying Bartiromo, “We can go up with some tariffs. It depends. You don’t think we’re going down, but we can go up.”
Welker also asked Lutnick about tariffs on dairy, wood, steel and aluminum for which Trump said to impose Canada.
Lutnick said that tariffs on steel and aluminia continue to take effect on Wednesday, 12. March and Dairy Tariffs have been late to 2. April, citing tariffs to combat the crisis of Fentanil.
“So 2. April, we’ll revise Fentanil problems again. And we’ll revise trade again, the general commercial issues,” Lutnick said.
Earlier, Lutnick said that the tariffs in Canada and Mexico would end up “if Fintanyl finishes”, the wrong and nations to Fentanil flows in the north and southern borders of the United States.
“If Fintanyle ends, I think this will come out. But if Fentanil doesn’t end, or (Trump is) insecure, it will remain like that until he is comfortable,” Lutnick said.
Groceries of foods are especially affected by Trump Tariff plans. 2021. The percentage of fresh fruit in the US delivered by import was 60%, and 38% for fresh vegetables without certain crops, according to the words in.With. DElartment Abranching.
Lutnick also spoke about tensions that may have appeared last week between Trump Cabinet members and Trump’s Ellon Musk Advisor.
Trump convened his cabinet on Thursday to tell members that the answers were on their departments and agencies, and not musk and his departments for government efficiency, which previously took away thousands of federal workers across the US government.
Lutnick told Sunday that Trump clearly explained that he was in charge and that the musk “partner” was every secretary of the cabinet.
“President Trump clearly appeared that Elon is your partner, and that’s what I like,” said Secretary of Trade. “You have the biggest businessman and the biggest technologist in the world as my partner.”
“There are no one who does not look at this TV at the moment, if Ellon Musk would come to their house, he would, he would,” “” “” “” “” “” “He said the best.” I’ll help you. “Come on. We want his help. “
2025-03-09 15:56:00
