US Secretary of Commerce: We expect revenue of $ 50 billion from dollars

US Secretary of Commerce Howard Lutnik said today that he is expecting his country heading to $ 50 billion in revenue of duties a month, as higher taxes on imports from dozens of countries are implemented. “And you will have semiconductors, pharmaceuticals, you will have all sorts of duties to enter,” Lutnik said during an interview with the Fox Business Network. When asked if the August 12th deadline for the conclusion of a tariff agreement with China could be re -extended, the US Secretary of Commerce replied that it would be possible. “I think we will leave this to the trade team and the president to make these decisions, but I feel that they will reach an agreement and that they will extend this for an additional 90 days, but I will leave it to the team.” Source: RES
Source: News Beast

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