JUST IN: Former Commerce Secretary predicts Trump's tariffs won't be in place by the back half of 2025 because other countries will rush to the negotiating table.
Former George W. Bush Commerce Secretary Carlos Gutierrez just made the prediction on CNBC.
Gutierrez went as far… pic.twitter.com/8yyGiuwx0j
— Collin Rugg (@CollinRugg) April 2, 2025
Former Commerce Secretary predicts Trump’s tariffs won’t be in place by the back half of 2025 because other countries will rush to the negotiating table.
Former George W. Bush Commerce Secretary Carlos Gutierrez just made the prediction on CNBC.
Gutierrez went as far as to suggest that some of the tariffs would be gone in a month or two.
“I would assume that this will not be in place in a month, two months. Definitely not in the back half of the year. So I’m in the camp that this is at the beginning of a big negotiation.”
“It’s not only about bringing production back, but it’s also about market access.”