Trade Minister Howard Lootnick discusses commercial talks for us, China, which is the latest on customs tariff negotiations, and ends its impact on the economy and support for American production on “Fox News Sunday”.
President Donald Trump benefits from the power of the American economy to open China to American exporters, as Washington and Beijing are working towards capabilities The commercial dealThe Minister of Trade, Howard Lootnick, said at “Fox News Sunday”.
When asked about the effect of the ripple Trump’s tariff There is on pavement workers, truck transport industry and others, asking them to remember that “this is just a problem in China at the present time.”
Lutnick noted that Trump’s 145 % induction was placed on Chinese imports and China’s 125 % interest in US imports in revenge.
“These definitions are very high so that it is not possible to do business, but for this reason they are talking now,” said China’s tariff. “The remainder of the world is 10 %, so do not exaggerate it. The rest of the world is 10 %. They send their goods here, as the president said, over and over again. We consumed in the world. Everyone wants to sell their goods here, so they need to do business with America, and we use the power of our economy to open their economy to our proposals.”

US Minister of Trade Howard Lootnick said on Sunday that America “consumes the world” and all countries want to sell its goods here, so they need to do business with America. (Francis Chung/Politico/Bloomberg via Getti Erch, Getti File)
Lootnick added that Treasury Secretary Scott Bessin, who leads trade Negotiations with ChinaIn Geneva, Switzerland, during the weekend to speak with his Chinese counterparts about definitions and trade.
Trump posted on social media on Saturday that he was “great progress” that was made in the United States Chinese talks.
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Lootnick also said that Trump is focusing on bringing him Return to AmericaAdding that those who make their products in America will not have to pay the definitions.
“If you want to build abroad, well, you will pay a tariff and will be less competitive in America, so build here,” he said.
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The commercial deals that the Trump administration is working on with other large economy countries, Like the United KingdomThe Minister of Commerce said that it would allow more manufacturers of the United States to export to those countries.
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He said: “And our idea is, can the Americans be able to export to those countries, and the cultivation of America, right? Watch breeders, producers, vegetables, machines, ethanol, things like this, selling to that country, reducing the rate of customs tariffs, and then re -manufacturing to America.”
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