Jonathan Ferro

The President of the United States, Donald Trump, cancelling European tariffs that were set to begin February 1st after reaching a framework deal over Greenland.

The U.S.

Commerce Secretary, Howard Lutnick, joins us now, making some waves at the World Economic Forum over the last couple of days.

Mr. Secretary, it's good to see you.

Great to see you.

Let's cut through the drama.

Let's get to the big point, the elephant in the room.

What happened at dinner time the other night?

I've heard all kinds of stories, booing, Lagarde storming out the room.

What happened, sir?

So Madame Magad wasn't throwing bread rolls at you from the bank.

That wasn't happening.

There's a lot of money set to come into the United States and big beds, a ton of FDI.

We can get into that in just a moment.

I just want to stay on G7 allies.

This week's been quite a week.

Emmanuel Macron, the French president, has said, basically accusing the US of trying to subordinate the Europeans.

The Prime Minister of Canada, I'm sure you've heard his speech, Mark Carney, the other day, said this is not a transition, it's a rupture.

How would you describe relations with those countries at the moment?

My spouse doesn't go out there and deliver a speech after that argument and say it's the end of the relationship.