Part 6/9:
Looking ahead, Lutnick expressed optimism that many countries would begin reevaluating their trade policies with the U.S. He stressed that the U.S. is a primary consumer in the global market, with the power to influence international trade dynamics. He posited that many nations would ultimately engage in fairer trade practices to benefit from American consumption.
Lutnick minimized concerns over retaliatory tariffs, arguing that nations would find it counterproductive to engage in a trade war with the U.S. due to its massive market size. He acknowledged, however, that lengthened negotiations could become necessary before achieving meaningful trade concessions.