Howard Lutnick
👤 PersonAppearances Over Time
Podcast Appearances
One other data point.
We put out at the Department of Energy, we got 16 locations to build data centers.
We said, who wants to come build one?
We'll permit them right away.
We'll help you build power generation right next to it.
We got 300 responses.
We will announce tomorrow the first four of those sites that will be developed.
And then you'll hear many more coming behind that.
How much do you think we can rip out of this wasted $6.5 trillion Harris-Biden budget? Well, I think we can do at least $2 trillion. Yeah!
How much do you think we can rip out of this wasted $6.5 trillion Harris-Biden budget? Well, I think we can do at least $2 trillion. Yeah!
How much do you think we can rip out of this wasted $6.5 trillion Harris-Biden budget? Well, I think we can do at least $2 trillion. Yeah!
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 the foreigners are going to finally have to compete. They're going to have to compete.
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 the foreigners are going to finally have to compete. They're going to have to compete.
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 the foreigners are going to finally have to compete. They're going to have to compete.
What happens is the businesses and the countries primarily eat the tariff.
What happens is the businesses and the countries primarily eat the tariff.
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%.