🇺🇸 U.S. Secretary of Commerce: "Even if Trump's policies trigger a recession — it's worth it."
Howard Lutnick, the U.S. Secretary of Commerce, stated that Donald Trump's economic reforms are "the most important thing America has ever had."
According to Lutnick, these reforms generate income, growth, and production within the U.S. He emphasized that the only reason for a potential recession would be the consequences of Biden's policies, which the country is currently forced to address.
❗️Lutnick also noted that the new tariffs on Canada (50%) have been canceled, and the U.S. will maintain tariffs at a 25% level.
He believes that Trump uses tariff threats as a negotiation tool and that markets simply need to get used to the tactics of "the best dealmaker in White House history."
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