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Howard Lutnick: “In Japan, 100% tariffs.”

Featuring: Howard Lutnick, Secretary of Commerce | National

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Howard Lutnick on CNBC - Donald Trump Transition and Policy

Published | Video Starts at 08:37

It's pretty simple and of course it's a bargaining chip. We can sell a Ford or GM in Europe. You go to Europe, you can't sell afforded GM. Why? 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 Mercedes and all these Japanese companies And Porsches and BMWs to all of a sudden have 100% tariffs in America? (08:37–08:39)

CLAIM

Asserts that Japan imposes 100% tariffs.

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