Commerce Secretary Howard Lutnick was clear on Sunday that the 10% baseline tariff on all foreign imports into the United States is here to stay.
The 10% tariff was announced as part of President Donald Trump‘s sweeping “Liberation Day” tariffs in early April. Those levies included higher, so-called reciprocal tariffs on select countries, all of which have been paused for 90 days. The baseline tariff, however, stayed put, and Lutnick suggested that wouldn’t be changing even as some trade deals have either been struck or are close to fruition.
Stay informed.Stay ahead.
Join Washington Examiner for unlimited access to the news, analysis, and commentary that matter most.
See Options
Already a member? Log in
Already a print subscriber? Click here to login/register your account
