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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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ȘTIRI PE ACELEAȘI SUBIECTE

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 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.

International

China considers Donald Trump's pressures to stop oil purchases from Russia as an attempt at intimidation and defends trade rights.

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Howard Lutnick USA tax explanations

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