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Secretary of Commerce Lutnick says US will not go below 10% tariffs in negotiations with countries

Posted

May 11, 2025

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US tariff won’t dip below 10% for the “foreseeable future,” Commerce Secretary Howard Lutnick said Sunday.

President Trump slapped at least that rate against virtually every country last month, and his team has been hashing out lightning trade arrangements with foreign nations in their wake ever since.

But “we will not go below 10%,” Lutnick told CNN’s “State of the Union.”

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#howardlutnick #tariffs #donaldtrump

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Commerce Secretary Howard LutnickSunday President TrumpCNNs StateUnion ReadThe New York PostNew York

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Secretary of Commerce Lutnick says US will not go below 10% tariffs in negotiations with countries · New York Post · Sentinel