Lutnick Says Japan Deal ‘Could Be’ Model for EU Trade Deal
The US-Japan deal “could be” a model for the EU, Commerce Secretary Howard Lutnick tells Bloomberg Surveillance.
Large countries would have hard time getting a tariff lower than the 15% that Japan got, Lutnick also says
Japan will finance projects and give them to an operator who will run it in the US, Commerce Secretary Howard Lutnick says on Bloomberg TV.
“They’re the banker, they’re not the operator,” he says
“Profits will be split 90% to the taxpayers of the United States of America, and 10% to the Japanese,” Lutnick add
--------
Watch Bloomberg Radio LIVE on YouTube
Weekdays 7am-6pm ET
WATCH HERE: http://bit.ly/3vTiACF
Follow us on X: https://twitter.com/BloombergRadio
Subscribe to our Podcasts:
Bloomberg Daybreak: http://bit.ly/3DWYoAN
Bloomberg Surveillance: http://bit.ly/3OPtReI
Bloomberg Intelligence: http://bit.ly/3YrBfOi
Balance of Power: http://bit.ly/3OO8eLC
Bloomberg Businessweek: http://bit.ly/3IPl60i
Listen on Apple CarPlay and Android Auto with the Bloomberg Business app:
Apple CarPlay: https://apple.co/486mghI
Android Auto: https://bit.ly/49benZy
Visit our YouTube channels:
Bloomberg Podcasts: https://www.youtube.com/bloombergpodcasts
Bloomberg Television: https://www.youtube.com/@markets
Bloomberg Originals: https://www.youtube.com/bloomberg
Quicktake: https://www.youtube.com/@BloombergQuicktake