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Howard Lutnick: “Tariffs make American made goods cheaper.”

Featuring: Howard Lutnick, Secretary of Commerce | National

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Full interview: Commerce Secretary Howard Lutnick on Trump's tariffs moves

Published | Video Starts at 23:31

But that's not inflation. Whereas if I give everybody $2 trillion, both our shoes are more expensive right now, right away. So printing less money is less inflation. Okay? Tariffs make American made goods cheaper. Imagine saying that. I saw, I saw someone complain this morning. A construction company was complaining this morning, and they said, now we have to buy American lumber and hire American people. (23:31–23:36)

CLAIM

Asserts that tariffs result in American-made goods being cheaper.

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