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Howard Lutnick: “The Commerce Department has the most tools. Right? It has…”

Featuring: Howard Lutnick, Secretary of Commerce | National

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Published | Video Starts at 20:11

So as long as I can oversee the trade agenda, really, it doesn't matter to me. That's what I want to do with you. And so we decided that The Commerce Department has the most tools. Right? It has bis. Right? Bis, the Bureau of Industry and Security. Right. Right. Export controls. Right. 232 tariffs. That's the auto tax, the pharmaceutical taps, the semiconductor tax, aluminum. Right. All these. And these are not part of the Supreme Court case. They are not. These are durable, defensible. It's why Europe did the deal. It's why Japan did the deal. (20:11–20:33)

CLAIM

Asserts that the Commerce Department has the most tools for trade, including export controls and 232 tariffs.

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