U.S. Commerce Secretary Howard Lutnick confirmed on Sunday that Trump will move ahead with planned tariffs, stating there will be “no postponing” and that the measures will remain in place “for days and weeks.”
Speaking on CBS News’ Face the Nation, Lutnick emphasised the administration’s intent to close all potential loopholes in the policy. “If you leave anything off the list, the countries that try to basically arbitrage America go through those countries to us,” he said, noting that even remote islands, including those inhabited by penguins, were included to prevent circumvention.
Lutnick reaffirmed that the tariffs are scheduled to take effect on April 9.
This article was written by Eamonn Sheridan at www.forexlive.com. Read More Details
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