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Howard Lutnick: “Chinese give their power to the steel producer free.”

Featuring: Howard Lutnick, Secretary of Commerce | National

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Published | Video Starts at 23:29

I mean, like, you know, we set steel and aluminum tariffs. You'd say, like, why. Why do you do the whole steel and aluminum thing? You'd say, well, if the Chinese give their power to the steel producer free. Think of, think of steel, right? It's like brown dirt. Yeah. So you process the brown dirt to make it iron ore. But you've all seen it's like dirt, right? (23:29–23:38)

CLAIM

Asserts that the Chinese government provides free power to steel producers.

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