Lutnick: China chip sales were part of the rare earth magnets agreement

Forex Short News

Commerce Sec. Howard let Nick is on CNBC and says that:

  • China chip sales were part of rare earth magnets agreement
  • Want to keep one step ahead of what China can build so they keep buying our chips.
  • Working hard to make sure world uses US standards for AI.
  • Says that US not charging tariffs on raw steel just the finished item.
  • For 80 years tariffs were on America. Industries went overseas.
  • Trump is reversing the trend on tariffs.
  • We go the deals done. Trump makes the deals and the best deals for the American people.

This article was written by Greg Michalowski at www.forexlive.com.