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FLASH 5mo ago

⚡️🇺🇸🇪🇺 NEW - Lutnick: The European union is going to pay 15%

Baier: So this 15% is on the difference the $200 billion trade deficit; is that right? Not the $2 trillion we trade with each other, right?

Lutnick: No, it's all exports to America. So basically everything they send us is going to pay 15% except for a few little things

https://blossom.primal.net/9f463accc7b2c651c8f776a6d758c44a1ef08985372431407b248aa80eb2c9e4.mp4

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Stacking Functions 5mo ago

Curious to know what those few little things are. And no the EU does not pay it, the importer does ffs

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Jose Sammut 5mo ago

They have no pricing power. The EU pays the tarrif.