On the recordJuly 20, 2025
No, no, that's a hard deadline. So, on August 1, the new tariff rates will come in.
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Howard Lutnick
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cbsnews.comNo, no, that's a hard deadline. So, on August 1, the new tariff rates will come in.
Lutnick clarifies that the August 1 tariff rates are a firm deadline.
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The next two weeks are going to be weeks for the record books. President Trump is going to deliver for the American people.
I think the guy's doing the worst job. He's costing us, you, me, and the American people, more than $500 billion.
Unless they're willing to open their market, they're going to pay a tariff. That's a simple message the president has.