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Howard Lutnick: “In Europe, you can't sell a Ford or GM. There's 100%…”

Featuring: Howard Lutnick, Secretary of Commerce | National

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Howard Lutnick on CNBC - Donald Trump Transition and Policy

Published | Video Starts at 08:26

I think we should put tariffs on stuff we make and not put tariffs on stuff we don't make. It's pretty simple and of course it's a bargaining chip. We can sell a Ford or GM In Europe, you can't sell a Ford or GM. There's 100% tariffs. How about in Japan? 100% tariffs. So do you think if we said we're going to tariff you the way you tariff us, do you think they're going to allow … (08:26–08:36)

CLAIM

Asserts that Europe imposes 100% tariffs on Ford and GM vehicles.

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