Sec. Lutnick Laments Korea Wouldn’t Let McDonald’s Bring In French Fries Because They Couldn’t Prove the Origin

EXCERPT:

LUTNICK: “But countries can fix their tariffs, their non-tariff trade barriers, which are much, much rougher. That's why the story I was trying to tell you is that when we took cars from Korea in 2012 -- when I grew up, there was no Korean cars in America -- when we took cars from Korea, the deal was we could sell ag to Korea. That was the deal. They wouldn't let McDonald's bring in French fries because they couldn't prove the origin of the French fry. That is not a tariff. That is called a non-tariff trade barrier.”