The new US Commerce Secretary, Howard Lutnick signalled today that US may weaken its tariffs' policy against Canada and Mexico, while tariffs on Chinese goods should be more aggressive.
- Chinese tariffs should be the highest, but the US may need to impose tariffs on allies.
- I will pursue restrictions to keep the US in the lead over China on AI.
- Export controls must be backed by a tariff model.
- DeepSeek leveraging from the US must be addressed.
- If Canada addresses the flow of fentanyl into the US, there will be no tariffs.
- If Canada and Mexico execute, they will avoid some tariff.
- Tariffs don't cause inflation. The US economy will be much, much better.
- China needs to stop using US tools to compete. Tariffs can create reciprocity.
- I favor across-the-board tariffs. Tariffs can be used to create fairness.
Source: xStation5
Start investing today or test a free demo
Open account Try demo Download mobile app Download mobile appThis content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.