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Howard Lutnick: “Those that are specific, industry specific, are in this…”

Featuring: Howard Lutnick, Secretary of Commerce | National

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Howard Lutnick: How America Can Hit 6% GDP Growth in 2026

Published | Video Starts at 08:00

So tariffs, which have been a big conversation, there's two types of tariffs. There's general tariffs. That's in front of the Supreme Court. And then there's sectoral specific tariffs. Those that are specific, industry specific, are in this building. Okay. Yeah. And they're part of bis, the Bureau of Industry and Security. That is both where we have export controls. We don't want to sell our best chips to our adversaries. (08:00–08:05)

CLAIM

Asserts that sectoral specific tariffs are managed within the building [presumably the Department of Commerce].

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