On the recordJuly 8, 2025
The idea is to bring copper home, bring copper production home.
Said by
Howard Lutnick
The idea is to bring copper home, bring copper production home.
Lutnick explains the rationale behind the copper tariff.
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The words medium and heavy-duty trucks were raised in these trade negotiations on Friday at 4 o’clock. I met with [Canada-U.S. Trade Minister Dominic] LeBlanc 10 times… [and] these were not raised. These were not part of it.
Now, the U.S. gets 50% of net revenues until 2041 and a say in setting the tolls.
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.
This is manufactured and that’s why the president put out a truth saying it was a complete lie,