Lutnick Advocates Country-Specific Tariffs for Fair Trade
Howard Lutnick, Trump's nominee for the Commerce Department, recommends implementing country-specific tariffs. He believes these measures can restore trade equity and respect, addressing unfair treatment in the global trading sphere. His comments came during a Senate confirmation hearing as he discussed strategy with President Trump.
Devdiscourse News Desk | Washington DC | Updated: 29-01-2025 21:56 IST | Created: 29-01-2025 21:56 IST
![Lutnick Advocates Country-Specific Tariffs for Fair Trade](https://devdiscourse.blob.core.windows.net/aiimagegallery/17_07_2024_00_07_17_8168818.png)
- Country:
- United States
Howard Lutnick, nominated by President Donald Trump to lead the Commerce Department, has called for the implementation of country-specific tariffs to achieve trade reciprocity and fairness.
During his Senate confirmation hearing, Lutnick shared his perspective, emphasizing the necessity of addressing the imbalanced global trading environment through strategic tariffs.
Lutnick criticized the existing trade policies, arguing they unfairly disadvantage the United States, and underscored the need for tariffs to ensure respect, equity, and reciprocity in international trade.
(With inputs from agencies.)
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