Howard Lutnick
👤 SpeakerAppearances Over Time
Podcast Appearances
What happens is the businesses and the countries primarily eat the tariff.
I say to those American workers, Scott Besant is in Geneva right now talking to his counterparties in China, right? Remember, this is just a China problem right now, right? We have 145% tariff. They have 125% tariff. Those tariffs are too high to do business. But that's why they're talking right now. The rest of the world is 10%. So don't overdo it. The rest of the world is 10%.
I say to those American workers, Scott Besant is in Geneva right now talking to his counterparties in China, right? Remember, this is just a China problem right now, right? We have 145% tariff. They have 125% tariff. Those tariffs are too high to do business. But that's why they're talking right now. The rest of the world is 10%. So don't overdo it. The rest of the world is 10%.
I say to those American workers, Scott Besant is in Geneva right now talking to his counterparties in China, right? Remember, this is just a China problem right now, right? We have 145% tariff. They have 125% tariff. Those tariffs are too high to do business. But that's why they're talking right now. The rest of the world is 10%. So don't overdo it. The rest of the world is 10%.
They're sending their goods here, as the president has said time and time again. We are the consumer of the world. Everybody wants to sell their goods here. So they need to do business with America. And we're using the power of our economy to open their economy to our exporters. So that is happening right now. Yes, Scott Besson is in Geneva talking to his counterparties right now. And
They're sending their goods here, as the president has said time and time again. We are the consumer of the world. Everybody wants to sell their goods here. So they need to do business with America. And we're using the power of our economy to open their economy to our exporters. So that is happening right now. Yes, Scott Besson is in Geneva talking to his counterparties right now. And
They're sending their goods here, as the president has said time and time again. We are the consumer of the world. Everybody wants to sell their goods here. So they need to do business with America. And we're using the power of our economy to open their economy to our exporters. So that is happening right now. Yes, Scott Besson is in Geneva talking to his counterparties right now. And
Let's see what happens. But the president said last night he was very optimistic and very positive. So you should be very optimistic and positive because the president truth it out and I rely on the president.
Let's see what happens. But the president said last night he was very optimistic and very positive. So you should be very optimistic and positive because the president truth it out and I rely on the president.
Let's see what happens. But the president said last night he was very optimistic and very positive. So you should be very optimistic and positive because the president truth it out and I rely on the president.
So we do expect a 10% baseline tariff to be in place for the foreseeable future. But don't buy the silly arguments that the U.S. consumer pays. Businesses, their job is to try to sell to the American consumer. And domestically produced products are not going to have that tariff.
So we do expect a 10% baseline tariff to be in place for the foreseeable future. But don't buy the silly arguments that the U.S. consumer pays. Businesses, their job is to try to sell to the American consumer. And domestically produced products are not going to have that tariff.
So we do expect a 10% baseline tariff to be in place for the foreseeable future. But don't buy the silly arguments that the U.S. consumer pays. Businesses, their job is to try to sell to the American consumer. And domestically produced products are not going to have that tariff.
This was the president's deal. And people think, oh, that's not the way it works. If you got to sit next to him, I have the best dealmaker to my left. And if you don't think that we take advantage of him calling the prime minister and getting that deal done, you don't understand who's the president of the United States. So he's the closer.
This was the president's deal. And people think, oh, that's not the way it works. If you got to sit next to him, I have the best dealmaker to my left. And if you don't think that we take advantage of him calling the prime minister and getting that deal done, you don't understand who's the president of the United States. So he's the closer.
This was the president's deal. And people think, oh, that's not the way it works. If you got to sit next to him, I have the best dealmaker to my left. And if you don't think that we take advantage of him calling the prime minister and getting that deal done, you don't understand who's the president of the United States. So he's the closer.
He gets deals done that we could never get done because he understands business, he understands deals.
He gets deals done that we could never get done because he understands business, he understands deals.
He gets deals done that we could never get done because he understands business, he understands deals.
This was the president's deal and people think, that's not the way it works. If you got to sit next to him, I have the best dealmaker to my left. He's the closer, he gets deals done that we could never get done because he understands business, he understands deals. We started at 10% and we ended at 10% and the market for America is better.