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Howard Lutnick: “Europe wants the 15% trade deal.”

Featuring: Howard Lutnick, Secretary of Commerce | National

Secretary Lutnick: These are the 'best hands' to leave national security in

Published July 9, 2026 | Video Starts at 01:14

Those trade deals, as you know, are dealt with through the European Union bloc. How would that work? Can you individually target an entire country like Spain? Well, remember, Europe wants the 15% trade deal. right? They, they have a huge trade surplus with us, meaning they sell us $235 billion more than we sell them. And you think why? Right. (01:14–01:18)

CLAIM

Asserts that Europe is interested in a 15% trade deal with the United States.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.

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Howard Lutnick

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