WNYUZ
No Result
View All Result
  • Home
  • Politics
  • Opinion
  • Business
  • World
  • Health
  • Entertainment
  • Tech
  • Home
  • Politics
  • Opinion
  • Business
  • World
  • Health
  • Entertainment
  • Tech
No Result
View All Result
WNYUZ
No Result
View All Result
Home News

Lutnick downplays impact of tariff court ruling on US, EU talks

June 1, 2025
in News
Lutnick downplays impact of tariff court ruling on US, EU talks
491
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

By Ted Hesson

WASHINGTON (Reuters) -U.S. Commerce Secretary Howard Lutnick downplayed the impact of legal uncertainty around U.S. tariffs on negotiations with the European Union during an interview on Sunday, saying talks were ongoing.

Lutnick, speaking on “Fox News Sunday,” was asked about a Reuters report quoting an unnamed EU official close to negotiations who said the legal uncertainty of the tariffs in the U.S. gave the EU “extra leverage.”

“You can’t listen to silly people making silly comments,” Lutnick said. “All of the countries that are negotiating with us understand the power of Donald Trump and his ability to protect the American worker.”

A U.S. trade court blocked most of President Trump’s tariffs in a sweeping ruling last week that found he had overstepped his authority by imposing across-the-board duties on imports from U.S. trading partners. A U.S. federal appeals court paused that ruling a day later, allowing the tariffs to go into effect while it considered an appeal by the Trump administration.

Lutnick said the ruling “maybe cost us a week, but then everybody came right back to the table.”

Trump and his advisers said on Friday that many countries had been in touch since the court ruling and talks were moving ahead.

The Republican president in late May threatened 50% tariffs on all European goods by June 1, but days later delayed the effective date to July 9 to allow more time to negotiate.

Trump also said on Friday that he would increase tariffs on imported steel and aluminum to 50% from 25%, leading the European Commission on Saturday to say it could consider countermeasures.

Speaking on ABC News’ “This Week,” White House economic adviser Kevin Hassett said the U.S. needed to protect its steel industry for national security reasons in light of economic rival China’s steel production.

“We have to show strength,” Hassett said. “We have to have a steel industry that’s ready for American defense.”

(Reporting by Ted Hesson in Washington; Additional reporting by Doina Chiacu; Editing by Caitlin Webber and Bill Berkrot)

The post Lutnick downplays impact of tariff court ruling on US, EU talks appeared first on Reuters.

Tags: Donald TrumpEuropean Unionfederal appeals courtHoward LutnickKevin Hassettlegal uncertaintyReutersYahooYahoo Finance
Share196Tweet123Share
Yahoo news home
News

Israel orders evacuations in northern Gaza as Trump calls for war to end

June 29, 2025

By Nidal al-MughrabiCAIRO (Reuters) -The Israeli military ordered Palestinians to evacuate areas in northern Gaza on Sunday before intensified fighting ...

Read more
News

Ancient city possibly ruled by females over 9,000 years ago, researchers say

June 29, 2025
News

Sean ‘Diddy’ Combs, son Justin Combs hit with gang-rape lawsuit

June 29, 2025
News

Don’t like the Supreme Court’s recent opinions? Chief Justice John Roberts has thoughts

June 29, 2025
News

Senate Republicans advance Trump’s tax and spending cuts bill after dramatic late-night vote

June 28, 2025
Yahoo news home

Trump agenda survives key Senate vote but final outcome still uncertain

June 28, 2025
Yahoo entertainment home

Leonardo DiCaprio Suffers Epic Disguise Fail at Bezos Wedding

June 28, 2025
Yahoo creators home

The best U.S. states for a summer road trip — and why these rankings might surprise you

June 28, 2025

© 2025 WNyuz.com

No Result
View All Result
  • Home
  • Politics
  • Opinion
  • Business
  • World
  • Health
  • Entertainment
  • Tech

© 2025 WNyuz.com