Commerce Secretary Howard Lutnick announced that approximately 50 countries have contacted the US regarding President Trump's tariffs. He emphasized that negotiations are off the table, insisting that the tariffs are necessary to correct unfair trade practices and bring manufacturing back to the US. The tariffs are set to remain in effect as they aim to address the trade deficit problem faced by the US. In response to calls for delay from officials like Vietnam's Deputy Prime Minister, Lutnick made it clear there would be no postponement or negotiations.
Commerce Secretary Howard Lutnick stated that about 50 nations have reached out to the US regarding President Trump's tariffs, emphasizing that negotiations are not an option.
Despite calls for negotiations from countries like Vietnam, Lutnick stressed that the tariffs were necessary to reset global trade balance, as the rules are unfairly stacked against the US.
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