Trade Negotiations & Agreements - The US aims to get India to open its market and cease purchasing Russian oil, which has increased to 40% of their oil imports post-sanctions, enabling them to refine and sell it globally [1] - A significant deal is anticipated with Taiwan, and a deal is likely with Switzerland [1] - While a deal was made with South Korea, its implementation is pending paperwork completion, unlike Japan, which has followed through [1] Success Stories & Economic Impact - Europe, with a $20 trillion economy and 450 million people, has agreed to open completely to America, including accepting US cars with a 15% payment [1] - Japan has committed $550 billion to invest for the benefit of America, including projects like the Alaska pipeline, nuclear power plants, grid improvements, and generic antibiotics production [1] - Tariffs are reportedly bringing in $40 billion per month, reducing the deficit [1] Manufacturing & Economic Growth - Factories are expected to be built in America on an unprecedented scale following the August 1st deal with various countries [1] - Over $10 trillion in factory construction is anticipated, leading to a surge in construction jobs [1] - GDP growth is projected to exceed 4% next year due to construction activities [1]
U.S. Commerce Secretary Lutnick: India has to stop buying Russian oil
CNBC Television·2025-09-11 15:24