Trump trading, tariff is engaged in all but China, quickly done: Lutnik

Secretary of Commerce Howard Lutno Insisted on Tuesday that president Donald TrumpIn the next Friday’s introduction period for the Major tariffs on the killed with trade The partners will no longer be delayed.

But trade negotiations with China – the last round of which is currently held in Stockholm, Sweden – are on a separate temporary scale, Lutnita said on CNBC “Box for Squawk“

“We have our own team that works with China. They are their business,” he said. “But for the rest of the world we will do everything by Friday.”

“August 1 is the date when we set all these rates, and then they went to the race,” he added.

Trump’s “mutual” tariffs on dozens of imports of countries should start on Friday. In early April, the president first launched the trade range, but has since repeatedly postponed import taxes.

Earlier this month, Trump shared letters directed by more than two dozen world leaders who set new tariff rates for exporting their countries to the United States since August 1.

Most of these new tariffs were close to the level that Trump initially set in April, which were calculated using formula This caused criticism of many economists. But some – in particular, a staggering tariff for 50% on imports from Brazil – were much higher.

Earlier, Lutnik stated that Friday was a “difficult term” for these tariffs to start paying – although he also noted that the United States was still open to negotiations with the countries after that date.

Asked about CNBC about the state of trading negotiations with individual trading partners, Lynutka suggested that Trump repeatedly dismissed potential transactions in search of the best conditions for the US

“What happened, many, many countries have made us well to open their markets. You know, 50%, 30%,” Lutnik said. “The president said,” No, no, I want them to be open. “

“So, now the price of a transaction with the United States of America is black -white, fully open markets,” Lutnit said. “He wants to make sure that Americans can sell their goods abroad.”

“So there is a deal on the table to see? Yes,” Lutnik said.

“But (the president) knows that he can just set a bet and set the price and move on.”