Lutnick warned that if EU allies choose to retaliate, “then we’ll be back to tit-for-tat” tariff escalation. “If we’re going to have a kerfuffle, so be it. But we know where it’s going to end. It’s going to end in a reasonable manner,” he added, expressing confidence that the current friction would mirror earlier tariff disputes followed by negotiations.
US Commerce Secretary Howard Lutnick Warns EU on Tariffs, Says It Could Spiral Into ‘Tit-for-Tat’ Fight
view original post