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Lutnick Says Japan Deal ‘Could Be’ Model for EU Agreement
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July 23, 2025
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12:33Now PlayingThe US-Japan deal “could be” a model for the EU, Commerce Secretary Howard Lutnick tells Bloomberg Surveillance.
Large countries would have hard time getting a tariff lower than the 15% that Japan got, Lutnick also says
Japan will finance projects and give them to an operator who will run it in the US, Commerce Secretary Howard Lutnick says on Bloomberg TV.
“They’re the banker, they’re not the operator,” he says
“Profits will be split 90% to the taxpayers of the United States of America, and 10% to the Japanese,” Lutnick add
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