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7 April 05:28

U.S. Commerce Secretary Howard Lutnick explained on CBS's "Face the Nation" Sunday why penguin-only islands were included on Donald Trump's tariff list

Adrian Rusu

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International

Foto: shutterstock.com/ro

"If we leave anything off the list, the countries that are basically trying to take advantage of America come to us through those countries. ... The president imposed tariffs on China, yes, in 2018. And then China started going through other countries to America," he said, according to CNN.

Sources

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Secretarul pentru Comerţ al SUA explică de ce există tarife pentru insule locuite doar de pinguini

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ȘTIRI PE ACELEAȘI SUBIECTE

International

Donald Trump admits that 100% tariffs are not sustainable, but blames China for the deadlock in trade negotiations and confirms a meeting with Xi Jinping.

International

China has accused the United States of "causing panic" through an exaggerated reaction to the new restrictions imposed on rare earth exports, but it shows openness to negotiations to avoid escalating the trade conflict.

International

Scott Bessent, the U.S. Treasury Secretary, states that the volatility of the stock markets will not influence trade negotiations with China, emphasizing the firm measures against Beijing.

International

The trade war between the USA and China overshadows the prospects of the global economy

International

Beijing and Washington have agreed to hold new trade negotiations to avoid escalating tariffs, in the context of recent tensions.

International

The American government has called for a united international effort against the restrictions imposed by China on the export of rare earths, considered essential for the global economy.

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Howard Lutnick USA tax explanations

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