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@ Layer3.news
2025-06-05 22:11:32
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NO US TARIFFS ON ‘UNAVAILABLE NATURAL RESOURCES’: COMMERCE CHIEF
https://cdn.i-scmp.com/sites/default/files/styles/1280x720/public/d8/images/canvas/2025/06/06/b800ea87-ddec-41ca-bc85-993521cfba91_3b521903.jpg
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✍️ US Commerce Secretary Howard Lutnick testified before the House Appropriations Committee, stating that the US will not impose tariffs on natural resources it doesn't have in abundance, and will prioritize market access for farmers and ranchers.
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👉 US will not impose tariffs on natural resources it doesn't have in abundance
👉 Priority will be given to securing market access for American farmers and ranchers
👉 Items such as bananas, spices, and roots will be exempt from duties
👉 US is in the midst of trade negotiations with dozens of countries
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#HowardLutnick #GraceMeng #MadeleineDean #DonaldTrump #politics
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