The Minister of Commerce of USAHoward Lutnik, said foreign states should change a multitude of regulators and other policies that limit imports of US products in order to ensure relief from young people duties President, Donald Trump. “
“These non -tariff commercial barriers are the monster that must be slaughtered,” the US Minister of Commerce said in an interview with Bloomberg today (3.4.2025). “Our teams today talk to all the major commercial partners,” he said. “It is time to do deep introspection that they are facing us badly and how to fix it.”
Offering specific examples of non -tariff barriers, the head of trade said that in the European Union some countries use a 20% value of the value of adding the production of their own manufacturers.
“Economists at the Finance Council and the US Trade Representative staff have studied foreign trade barriers for decades and this analysis has been the basis for the contributions announced by Trump yesterday,” Lutnik said.
He also set an example of a 2012 trade agreement with South Korea, which included that the US left Korean cars on their market, with Seoul agreeing to import American agricultural products. However, McDonald’s was unable to insert fried potatoes because it was deemed not to prove their origin. “You do not understand the scale and depth of the way our products hold out of the market,” Lutnik said.
Asked about the sale of shares since Trump presented the mutual duties, Lutnik said the president’s focus was on the treatment of “the economic pain suffered by the United States of America for decades”.
The head of trade also confirmed that the new 34% additional tax in China is coming to previous contributions, including 20% imposed by Trump earlier this year for the alleged Chinese production of precursors for illegal fentanyl.
“All we need is a phone call from President Xi to Trump saying we will stop the production of Fentanyl,” Lutnik said, throwing the burden on President Xi Jing. “And it will fall 20%,” he said of the duty.