Lutnik states that Trump’s August 1 tariff deadline is firm.

Upcoming Tariffs Set by Trump President Trump’s “liberation day” tariffs, which are slated to start this Friday, will proceed as planned, according to Howard Lutnick, who spoke on Sunday. “There won’t be any extensions or grace periods. Starting August 1st, tariffs will be established, and Customs will begin collecting fees,” Lutnick stated on Fox News […]
TikTok will shut down in the US if China doesn’t approve the sale before Trump’s deadline, according to Lutnik.

Commerce Secretary Comments on TikTok’s Future in the US Commerce Secretary Howard Lutnick mentioned on Thursday that if China fails to approve the sale of TikTok, a popular video app used by about 170 million Americans, the platform will need to cease operations in the United States. During an appearance on CNBC, Lutnick expressed that […]