US Treasury Secretary Bezent: There is no such thing as free trade; what we are looking for is fair trade. The EU imposes a 10% tariff on our cars, while we only levy a 3% tariff on EU cars. How is this fair? Therefore, we are lowering tariffs, removing non-tariff trade barriers, resisting the phenomenon of subsidizing workers, and bringing jobs back to the country.

US Treasury Secretary Bezent: There is no such thing as free trade; what we are looking for is fair trade. The EU imposes a 10% tariff on our cars, while we only levy a 3% tariff on EU cars. How is this fair? Therefore, we are lowering tariffs, removing non-tariff trade barriers, resisting the phenomenon of subsidizing workers, and bringing jobs back to the country.