Tariffs to Remain in Place, Commerce Secretary Howard Lutnick Says

Commerce Secretary Howard Lutnick stated on Sunday that tariffs implemented during the Trump administration will not be removed, following a decision by a US appeals court to pause a lower court ruling that would have blocked many of those duties.

The declaration comes amid ongoing debate over the long-term economic and diplomatic impacts of the tariffs, which were originally introduced to counteract what the former administration characterized as unfair trade practices, particularly by countries like China.

“Tariffs are not going away,” Lutnick said, underscoring the Biden administration’s decision to maintain some of the previous administration’s protections as it evaluates broader trade and manufacturing policy objectives.

Last week, a US appeals court halted a 2022 decision that sought to dismantle key components of the Trump-era tariff regime. The suspension of the lower court’s ruling reinstates, for the time being, the duties on imported goods worth billions of dollars. The appeals court did not provide a timeline for its final ruling, leaving the tariffs in place pending further legal review.

These trade measures include duties on steel, aluminum, and hundreds of other goods, including many from China. Supporters argue that the tariffs have helped safeguard American manufacturing jobs and reduce reliance on foreign imports, while critics say they have led to higher costs for US businesses and consumers.

The continuation of tariffs reflects a growing bipartisan consensus in Washington to adopt a tougher stance on trade and economic relations, especially with key global competitors.

As the legal and policy battles over tariffs continue, industries, trade groups, and international partners are closely watching for signs of any long-term shifts in the United States’ trade direction.

Source: https:// – Courtesy of the original publisher.

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