🚨🇺🇸COMMERCE SEC LUTNICK: TRUMP HAD TO TARIFF PENGUIN ISLANDS TO CLOSE ALL LOOPHOLES
CBS’s Brennan:
“Why are the Heard Island and McDonald Islands, which don't export to the United States, and are quite literally inhabited by penguins, why do they face a 10% tariff?”
Lutnick:
“If you leave anything off the list, the countries that try to basically arbitrage America go through those countries…we had the president put tariffs on China in 2018, and then what China started doing is they started going through other countries to America. And so the president knows that.
He said, ‘look. I can't let any part of the world be a place where China or other countries can ship through them.’ So he ended those loopholes.”