00:00President Donald Trump is standing firm on his sweeping global tariffs, and the 90-day pause
00:05enacted earlier this year is not expected to be extended. Commerce Secretary Howard Lutnick made
00:11it clear that come early July, these significant duties, ranging from 11% to over 100%, are back
00:18on the table. This move signals a resolute commitment to Trump's America First trade
00:23agenda, which aims to reshape global commerce and protect American industries. The reciprocal
00:28tariffs, first announced in April, were briefly put on hold due to stock market volatility.
00:34However, the administration's top trade advisors, including Secretary Lutnick and Treasury Secretary
00:40Scott Pesce, presented a united front this past Sunday, reaffirming their steadfast approach to
00:46these economic measures. Lutnick emphasized that tariffs are not going away, despite ongoing
00:51challenges in the nation's court system. He added that while the U.S. could sign lots of deals now,
00:56the Trump administration is focused on making them better, promising first-class deals for the
01:01American worker. In the coming weeks, when the pause expires, imports from approximately 60 trading
01:08partners, identified by the White House's worst offenders, including the European Union, Vietnam,
01:14and South Africa will face substantially higher rates. These taxes, Trump asserts, are essential payback
01:21for what he deems unfair trade policies. The administration believes these tariffs are a critical tool to
01:26rebalance trade relationships and ensure American economic prosperity.
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