
- Commerce Secretary Howard Lutnick reiterated the White House’s view that tariffs were a necessary measure to encourage companies to establish manufacturing facilities in the U.S. Cabinet officials have repeatedly stated they would like to see consumer goods manufacturing return to the U.S. Lutnick cited Apple’s iPhones as an example of a product he’d like to see be built in the U.S. During the first Trump administration, Apple managed to avoid tariffs that would have hit iPhones that were made in China.
Commerce Secretary Howard Lutnick said President Donald Trump’s recently imposed tariffs, which sent the global markets into a tailspin, were necessary to encourage major companies to begin manufacturing their products in the U.S.