In this context, president Donald Trump spoke about the new tariffs, especially for the Asian Giant.
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00:00In this context, President Trump spoke about a new tariff specifically for the ASEAN-EU.
00:05But we will charge them approximately half of what they are and have been charging us.
00:11So the tariffs will be not a full reciprocal.
00:17I could have done that, yes, but it would have been tough for a lot of countries who
00:21didn't want to do that.
00:22I'd like to see the chart, if you have it.
00:24Could you bring it up, Howard?
00:27This is our great Secretary of Commerce, Howard Lutnick.
00:35So if you look at that, China, first row, China, 67 percent.
00:41That's tariffs charged to the USA, including currency manipulation and trade barriers.
00:48So 67 percent, I think you can, for the most part, see it.
00:52Those with good eyes, with bad eyes.
00:54We didn't want to bring — it's very windy out here.
00:57We didn't want to bring out the big charts because it had no chance of standing.
01:00Fortunately, we came armed with a little smaller chart.