On the recordJuly 20, 2025
The president figured out the right answer and sent letters to these countries, said, this is going to fix the trade deficit.
Said by
Howard Lutnick
Source
cbsnews.comEditor's note · Context
Commerce Secretary on trade negotiations with countries.
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More from Howard Lutnick
Jul 20, 2025
I think the guy's doing the worst job. He's costing us, you, me, and the American people, more than $500 billion.
Jul 24, 2025
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.
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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.
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No extensions, no more grace periods. Aug. 1, the tariffs are set; they’ll go into place.