Howard Lutnick: “What does the President want? He wants to worry about major things for national security...these are the kind of tariffs that are going to make sure these things COME BACK TO AMERICA and are BUILT IN AMERICA…”
Video transcript
What does the president want? He wants to worry about major things for national security of America. Steel and aluminum tariffs, that's today, right? Autos coming April 2nd. Semiconductors, pharmaceuticals, things that America must have. So you can imagine these are the kind of tariffs we're gonna make sure these things come back to America and are built in America. And then on April 2nd, he does his reciprocal tariffs, which basically say to all the countries in the world, come on, you treat us a certain way. We'll treat you the same way. Let's make it fair. You want 'em high, they'll be high like they are now. You want 'em low, they'll be low, but let's treat each other fairly. And that's where we're going. Pretty basic, pretty straightforward.
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