US Commerce Secretary Howard Lutnick on Thursday said Washington would refrain from imposing tariffs on natural resources the country does not hold in abundance amid tough questioning by House lawmakers about American consumers facing rising prices.
“In our trade deals, our expectation is … we will not have tariffs on unavailable natural resources, but we will have market access for our farmers and our ranchers,” said Lutnick in testimony at a budget hearing of the House Appropriations…
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