On the recordJune 10, 2025
The framework deal puts meat on the bones of an agreement reached last month in Geneva to ease bilateral retaliatory tariffs.
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Howard Lutnick
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cbsnews.comThe framework deal puts meat on the bones of an agreement reached last month in Geneva to ease bilateral retaliatory tariffs.
Lutnick explains the significance of the new framework deal.
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No, no, that's a hard deadline. So, on August 1, the new tariff rates will come in.
They wanted to walk away. This is politics only. If you think I ever said the words French, do I care about how the Quebecois speak? I mean, what could matter less to America? We don’t care. So the fact is, we never thought those words up.
When someone doesn’t want the deal, they make up and say, “Oh, I’ll do the deal with you only if you wear green. And you’re like, ‘But I’m wearing, I’m not wearing green.’ Oh, sorry, it’s not going to work out.
Returning the ESA to its original purpose protects both the environment and economic development.