Trump Commerce Secretary Howard Lutnick expects to 'cover a lot of ground' during tariff pause
One week after the Trump administration's "Liberation Day" tariff announcement, President Donald Trump's policies have reportedly sparked a wave of outreach from countries around the world ready to make a deal.
With more than 75 other countries having reportedly reached out to "negotiate a solution" around trade, Trump announced he was raising tariffs on China while pausing and lowering reciprocal tariffs on other countries.
Commerce Secretary Howard Lutnick explained the decision was an opportunity for the U.S. to "take on China" while giving other countries a "chance to negotiate."
"I think the real deals will take some time, but we're going to start meeting with countries," Lutnick said on "Special Report" Wednesday. "We are going to cover a lot of ground in these next 90 days, and we're going to start seeing countries really do the right thing for America."
Trump Says He's Raising China Tariffs Further, Pausing Reciprocal Tariffs For Others
Trump announced his tariff policy pivot on Truth Social Wednesday, saying that he is immediately raising the tariffs on Chinese goods to 125% over Beijing's "lack of respect" toward America, while pausing and lowering reciprocal tariffs on other countries.
Read On The Fox News App
"At some point, hopefully in the near future, China will realize that the days of ripping off the U.S.A., and other Countries, is no longer sustainable or acceptable," Trump posted on his Truth Social media platform.
Trump's move comes just hours after China announced it was increasing its reciprocal tariff on U.S. goods from 34% to 84%.
China's escalation came after Trump's tariff went into effect shortly after midnight Wednesday, which imposed a 104% tariff on Chinese goods to the U.S.
"China chose the path of going against Donald Trump," Lutnick argued. "Either China comes to the table with Donald Trump or they don't. But let's be clear, we are their biggest client by far, by far, by far. The American consumer buys everything from China. They can't afford to be without us."
Despite the escalating tariff tit-for-tat between the U.S. and China, Lutnick advised other countries to "really bring it" to the negotiating table during the pause.
"We've got to make fair deals for America. And Donald Trump said, for the big countries, the lead negotiator of those transactions is going to be Donald Trump. He wants to do it. He wants to drive it," Lutnick said, celebrating the opportunity to "unleash" American industries and foster "incredible growth" in the U.S.
Although Trump's tariff policies initially sparked market turbulence, his policy pivot Wednesday sent the stock market into rebound mode.
FOX Business' Stephen Sorace contributed to this report.Original article source: Trump Commerce Secretary Howard Lutnick expects to 'cover a lot of ground' during tariff pause
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
6 minutes ago
- Yahoo
Army veteran joins anti-ICE protest in Dallas and ‘calls on conscience' of fellow service members
A uniformed U.S. Army veteran has provoked anger among MAGA conservatives by joining a protest against Immigration and Customs Enforcement (ICE) in Dallas, Texas, on Monday. In a viral video recorded at the event, the soldier does not hold back in her criticism of President Donald Trump for activating 4,000 members of the National Guard and 700 Marines to help police the anti-ICE demonstrations that have raged in Los Angeles for five days and have since spread to other major American cities. 'We are not pawns for Donald Trump's agenda,' the woman, wearing a camouflage uniform bearing the name tag 'Colado,' says in the video shared by left-leaning X account BreakThrough News. BREAKING: After Trump deployed Marines to LA, this military member joined an anti-ICE protest in Dallas, declaring, 'We won't be pawns in stripping away constitutional rights.' — BreakThrough News (@BTnewsroom) June 11, 2025 'Why now?' she continues. 'It's because the military was called upon against the protesters. In our oath to serve, we serve the people of the United States, the Constitution. These constitutional rights are being stripped and just denied. 'And the military will not be pawns to that. That's why I'm calling on the conscience of military members who served previously and now. We have a conscience, we have a mind and we have a duty, a moral obligation to say no and resist.' The Independent has contacted the Pentagon for its response to her comments. Online, conservatives wasted no time in calling for the woman, subsequently identified as Carmen Colado, a former U.S. Army intelligence analyst, to be dishonorably discharged or court-martialled for publicly criticizing the commander-in-chief's orders. Some argued that her actions constituted a violation of the U.S. military's Uniform Code of Military Justice and called for Article 15 to be invoked against her, which empowers a commanding officer to order nonjudicial punishments less severe than a court-martial. These might include restrictions on duty, extra duty, forfeiture of pay, and, in some cases, confinement; however, since Colado appears to have left the service, it is unlikely to apply. She describes herself on Instagram as the 'proud daughter of an illegal immigrant hero who saved my life' and posts photos of friends and family, poetry, pencil drawings, and even a short film she has directed. Her posts also include an inspirational quote from Texas Democratic Rep. Al Green, who was censured for interrupting President Trump's address to a joint session of Congress earlier this year, on the occasion of a Dallas protest march calling for immigration reform. 'To protect liberty and justice for all – to protect government of the people, by the people, for the people – to protect what this country has in its great and noble ideals, we have to do what is necessary,' Green's quote reads.
Fox News
6 minutes ago
- Fox News
Musk says he regrets social media posts targeting Trump and more top headlines
1. Musk says he regrets social media posts targeting Trump 2. White House brings receipts after Newsom denies contact over LA riots 3. Trump vows consequences for 'animals' burning American flags CHAOS RETURNS – Rodney King riots officer says LA mayor acted 'too late' as anti-ICE violence engulfs city. Continue reading … ELITE UPSET – Liberal enclave in panic mode after ICE arrests dozens in wealthy vacation hotspot. Continue reading … AT A CROSSROADS – Final defense witness in Karen Read trial pumps brakes on prosecutors' case. Continue reading … DARK DESIRES – Diddy's alleged 'sexual deviant' behavior distracts from government's case. Continue reading … TORRID AFFAIR – Married counselor who enticed student into sexual encounters learns punishment. Continue reading … -- HERITAGE RESTORED – Crowd at Fort Bragg surprised with big announcement from Trump. Continue reading … POWER PLAY PAUSE – Trump tariffs survive as federal court overturns block in significant legal decision. Continue reading … TROUBLED WATERS – Democrat erupts at defense chief over submarine crisis as China's naval power grows. Continue reading … UNDER INDICTMENT – Democratic lawmaker faces prison after allegedly attacking federal agents at protest. Continue reading … EXIT STAGE LEFT – ABC News insider says there was 'no alternative' but for network to fire Terry Moran. Continue reading … PUSHING OUT THE FEDS – Dem demands ICE 'retreat' so locals can be 'given the opportunity to restore order.' Continue reading … ALL IN – New Hampshire enacts universal school choice, joining other states across the US. Continue reading … POINTING FINGERS – 'The View' co-host Sunny Hostin says ICE caused crisis in Los Angeles. Continue reading … SEN. RUBEN GALLEGO – Nuclear is the future – so why are Republicans blocking it? Continue reading … JOHN TEICHERT – US warfighters are losing a massive force multiplier advantage as China advances in space. Continue reading … -- SCARY SIPS – Your favorite alcoholic beverage could be linked to deadly form of cancer. Continue reading … 'NOT BUYING IT' – Social media rips Simone Biles' apology to Riley Gaines as PR statement. Continue reading … AMERICAN CULTURE QUIZ – Test yourself on festival firsts and summery snacks. Take the quiz here … FED UP – Americans slam fast-food favorite over their struggles with its sauce packets. Continue reading … LOOK WHO'S HOME – Military dad surprises family after year-long deployment. See video … SEN. JOHN KENNEDY – This is why the aliens won't talk to us. See video … MARC THIESSEN – Trump's responding to the anti-ICE riots exactly as he should. See video … Tune in to the FOX NEWS RUNDOWN PODCAST for today's in-depth reporting on the news that impacts you. Check it out ... What's it looking like in your neighborhood? Continue reading… Thank you for making us your first choice in the morning! We'll see you in your inbox first thing Thursday.
Chicago Tribune
7 minutes ago
- Chicago Tribune
LA police enforce downtown curfew as protests continue against President Donald Trump's immigration crackdown
LOS ANGELES — Los Angeles police swiftly enforced a downtown curfew Tuesday night, making arrests moments after it took effect, while deploying officers on horseback and using crowd control projectiles to break up a group of hundreds demonstrating against President Donald Trump's immigration crackdown. Members of the National Guard stood watch behind plastic shields, but did not appear to participate in the arrests. Chicago protesters march against Trump's immigration crackdown as demonstrations pop up across the countryHours later, many of the protesters had dispersed, although sporadic confrontations continued that were much smaller than in previous nights. Officials said the curfew was necessary to stop vandalism and theft by agitators looking to cause trouble. Democratic Gov. Gavin Newsom earlier accused Trump of drawing a 'military dragnet' across the nation's second-largest city with his escalating use of the National Guard. He also deployed Marines, though none were seen on the streets Tuesday. Newsom asked a court to put an emergency stop to the military helping federal immigration agents, with some guardsmen now standing in protection around agents as they carried out arrests. He said it would only heighten tensions and promote civil unrest. The judge set a hearing for Thursday, giving the administration several days to continue those activities. The change moves troops closer to engaging in law enforcement actions like deportations as Trump has promised as part of his administration's immigration crackdown. The Guard has the authority to temporarily detain people who attack officers but any arrests ultimately would be made by law enforcement. Trump has activated more than 4,000 National Guard members and 700 Marines over the objections of city and state leaders. They were originally deployed to protect federal buildings. Demonstrations have spread to other cities nationwide, including Dallas and Austin, Texas, Chicago and New York, where a thousand people rallied and multiple arrests were made. In Texas, where police in Austin used chemical irritants to disperse several hundred demonstrators Monday, Republican Gov. Greg Abbott's office said Texas National Guard troops were 'on standby' in areas where demonstrations are planned, Abbott spokesperson Andrew Mahaleris said Tuesday evening. Guard members were deployed to San Antonio, according to assistant police chief Jesse Salame. He said he did not know how many were sent or details on the deployment. Los Angeles Mayor Karen Bass declared a local emergency on the fifth day of protests and said the curfew will run from 8 p.m. Tuesday until 6 a.m. Wednesday. She said it was expected to last for several days. 'We reached a tipping point' after 23 businesses were looted, Bass said during a news conference Tuesday. The curfew covers a 1 square mile (2.5 square kilometers) section of downtown that includes the area where protests have occurred since Friday. The city of Los Angeles encompasses roughly 500 square miles (1,295 square kilometers). The curfew doesn't apply to residents who live in the designated area, people who are homeless, credentialed media or public safety and emergency officials, according to Los Angeles Police Chief Jim McDonnell. McDonnell said 'unlawful and dangerous behavior' had been escalating since Saturday. 'The curfew is a necessary measure to protect lives and safeguard property following several consecutive days of growing unrest throughout the city,' McDonnell said. Trump left open the possibility of invoking the Insurrection Act, which authorizes the president to deploy military forces inside the U.S. to suppress rebellion or domestic violence or to enforce the law in certain situations. It's one of the most extreme emergency powers available to a U.S. president. 'If there's an insurrection, I would certainly invoke it. We'll see,' he said from the Oval Office. Later the president called protesters 'animals' and 'a foreign enemy' in a speech at Fort Bragg ostensibly to recognize the 250th anniversary of the U.S. Army. Trump has described Los Angeles in dire terms that Bass and Newsom say are nowhere close to the truth. In a public address Tuesday evening, Newsom called Trump's actions the start of an 'assault' on democracy. 'California may be first, but it clearly will not end here. Other states are next,' he said. Newsom warned people against inciting violence, but urged them to stand up to the president's actions. 'What Donald Trump wants most is your fealty, your silence. To be complicit in this moment,' he said. 'Do not give it to him.' The protests began Friday after federal immigration raids arrested dozens of workers in Los Angeles. Protesters blocked a major freeway and set cars on fire over the weekend, and police responded with tear gas, rubber bullets and flash-bang grenades. The demonstrations have been mostly concentrated downtown in the city of 4 million. Thousands of people have peacefully rallied outside City Hall and hundreds more protested outside a federal complex that includes a detention center where some immigrants are being held following workplace raids. Despite the protests, immigration enforcement activity has continued throughout the county, with city leaders and community groups reporting ICE present at libraries, car washes and Home Depots. School graduations in Los Angeles have increased security over fears of ICE action and some have offered parents the option to watch on Zoom. McDonnell said that police had made 197 arrests on Tuesday, including 67 who were taken into custody for unlawfully occupying part of the 101 freeway. Several businesses were broken into Monday, though authorities didn't say if the looting was tied to the protests. The vast majority of arrests have been for failing to disperse, while a few others were for assault with a deadly weapon, looting, vandalism and attempted murder for tossing a Molotov cocktail. Seven police officers were reportedly injured, and at least two were taken to a hospital and released. Defense Secretary Pete Hegseth suggested Tuesday that the use of troops inside the U.S. will continue to expand. The Pentagon said deploying the National Guard and Marines costs $134 million.
