Howard Lutnick: “"These policies are the most important thing America has ever had," Lutnick told CBS News in an interview when asked…”

China can have a little piece or ByteDance, the current owner, can keep a little piece. But basically, Americans will have control. Americans will own the technology, and Americans will control the algorithm.

So we’ll deliver the money which was already committed under the Biden administration. We’ll get equity in return for it, get a good return for the American taxpayer instead of just giving grants away.

Basically, Americans will have control. Americans will own the technology. Americans will control the algorithm. That’s something Donald Trump is willing to do.

No, no, that's a hard deadline. So, on August 1, the new tariff rates will come in.