US Commerce Secretary: US-UK trade agreement will bring US$6 billion in tariff revenue to the United States "
Internet reports that after Trump announced a trade deal with the UK, U.S. Commerce Secretary Lutnick said that improving market access for U.S. exporters would bring billions of dollars in revenue. "They agreed to open the market, which will add $5 billion to opportunities for U.S. exporters," Lutnik said in the Oval Office. "We still have a 10 percent tariff, which will bring $6 billion in revenue to the United States." Lutnick said the deal would not put pressure on the UK economy and British workers would not be negatively affected by the deal. He added that the agreement meant the UK could export 100,000 cars to the United States "only to pay a 10 percent tariff."
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