Unless they're willing to open their market, they're going to pay a tariff. That's a simple message the president has.
Howard Lutnick
The Public Record
U.S. Secretary of Commerce in the Trump administration; longtime CEO of Cantor Fitzgerald.
The next two weeks are going to be weeks for the record books. President Trump is going to deliver for the American people.
If you're willing to open yourself up and really open your economy to American business... then, of course, we will make a better deal with you.
The president understands that we need to open the markets. Canada is not open to us.
The president figured out the right answer and sent letters to these countries, said, this is going to fix the trade deficit.
I think the guy's doing the worst job. He's costing us, you, me, and the American people, more than $500 billion.
The people who make cars here, people who manufacture here. They don't pay a tariff.
Nothing is getting negotiated away. We have 10% of the world. No, no. 10% is definitely going to stay.
No, no, that's a hard deadline. So, on August 1, the new tariff rates will come in.
The President is absolutely going to renegotiate USMCA, but that's a year from today.