Secretary Lutnick: ‘Absolutely Not,’ Market Reaction Didn’t Cause the Administration to Rethink Tariff Plan

EXCERPT:

LEE: “Did the market reaction cause the administration to rethink its tariff plan?”

LUTNICK: “Absolutely not. Absolutely not. The tariff plan for the president — look, he’s trying to fix the fundamental trade imbalances that have been going on for this country for 35 years. I mean, we were just in the Oval Office and he said I don’t blame China, I blame the people who sat behind the desk in the Oval Office for letting this occur. It is time to take back the ability to trade with America, and Donald Trump is leading the charge to do that.”