On the recordJuly 16, 2025
The idea is the Chinese are more than capable of building their own.
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Howard Lutnick
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cnbc.comThe idea is the Chinese are more than capable of building their own.
Lutnick explains the rationale behind U.S. chip sales to China.
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The president's going to open between $300 billion and $400 billion of opportunity for Americans.
And those decisions are coming very soon, so let's see what the Chinese do. They've got to approve it. The deal is over to them right now.
No, no, that's a hard deadline. So, on August 1, the new tariff rates will come in.
You can't really go meet somebody and not bring up the topics that are open.