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Howard Lutnick: “The Japanese signed the contract. The Koreans either accept…”

Featuring: Howard Lutnick, Secretary of Commerce | National

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Watch CNBC's full interview with U.S. Commerce Secretary Howard Lutnick

Published | Video Starts at 13:35

Notice how we didn't talk about trade because he didn't sign the piece of paper. I mean, the devil is in the details always. Well, I think they saw the Japanese now, so there's no flexibility. Right. The Japanese signed the contract. The Koreans either accept that deal or pay the tariffs. Black and white. Pay the tariffs or accept the deal. But has the immigration raid led to more tension there about. I think you're going to see President Trump go out and address that. (13:35–13:41)

CLAIM

Claims that Japan signed a trade contract, and Korea must accept it or face tariffs.

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