Lutnick Says He Expects Tariff Review on Aircraft Parts Soon (1)

Commerce Secretary Howard Lutnick told senators Wednesday that he expects to complete an analysis and set the standard for tariffs on aircraft parts by the end of the month.

“We’re going to discuss it with the president,” he said at a Senate appropriations subcommittee hearing. “We’ll discuss the analysis and we’ll take due consideration on what to do.”

Commerce Secretary Howard Lutnick during the June 4 Senate Appropriations Subcommittee on Commerce, Justice, Science, and Related Agencies hearing.

Photographer: Allison Robbert/Bloomberg

Lutnick has been one of the architects of President Donald Trump’s tariff plans. The administration continued to increase the tariff barriers by raising steel and aluminum rates to 50% from 25% on Wednesday in a move called necessary to protect ...