Name: Commerce Secretary Lutnick Confident About Reaching EU Trade Deal
Uploaded: 2025-07-20T20:35:00Z
Duration: 58 s
Description: In an interview with CBS, Commerce Secretary Howard Lutnick doubled down on the deadline for the European Union to reach a trade deal with the U.S.

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In an interview with CBS, Commerce Secretary Howard Lutnick doubled down on the deadline for the European Union to reach a trade deal with the U.S. Photo: Brian Kaiser/Bloomberg News

https://m.wsj.net/video/20250720/84fa4a51-d143-4d1e-9679-3abc6bb8d0cc/1/hls/manifest-hd-wifi.m3u8

In an interview with CBS, Commerce Secretary Howard Lutnick doubled down on the deadline for the European Union to reach a trade deal with the U.S.

Commerce Secretary Lutnick Confident About Reaching EU Trade Deal

I was on the phone with the European trade negotiators this morning about a half hour ago. So, there's plenty of room. Look, the President and the European Union, these are the two biggest trading partners in the world talking to each other. We'll get a deal done. I am confident we'll get a deal done. Okay? And it will be great for America because the President has the back of America. So, on August 1st, the new tariff rates will come in. But nothing stops countries from talking to us after August 1st, but they're going to start paying the tariffs on August 1st.

Commerce Secretary Lutnick Confident About Reaching EU Trade Deal

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