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What challenges does the Commerce Secretary face regarding the tariff study announced by the Trump administration?
Commerce Secretary Howard Lutnick faces the massive task of examining trading relationships with approximately 200 countries worldwide. This comprehensive study will require assessing existing tariffs and trade arrangements with each nation to evaluate reciprocity in these relationships. The administration plans to use this analysis as a foundation for future trade negotiations, as evidenced by meetings with world leaders like the Prime Minister of India. This process appears to be gaining momentum, with more international leaders expected to visit Washington to discuss trade matters directly with the President.
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David Gura on the Tariff Study's Scope and Importance
MSNBC·8 months ago
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