HomeBlogUncategorizedCommerce Sec. Howard Lutnick: Prices don’t move unless tariffs are above 50%

Commerce Sec. Howard Lutnick: Prices don’t move unless tariffs are above 50%

Tariffs are not to blame for the jobs numberPredicts US GDP growth of over 4% in 2026Weak jobs number about shutdown, deportations.EU technology rules are costing them big time.European economies are attacking the AI development with rulesEurope very much want a steel deal with US I am confident that the Supreme Court will not rule against tariffsAdministration’s goal is to bring semi conductor manufacturing to the US.The goal is to bring semi conductor and pharmaceutical manufacturing to the US.
This article was written by Greg Michalowski at investinglive.com.


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