US Commerce Secretary Howard Lutnick has declared that eliminating tariffs imposed during President Trump’s administration is simply ‘impossible,’ sending ripples through global markets and international relations. This assertion follows businesses worldwide grappling with the lingering effects of these trade measures, anticipating potential shifts in US trade policy under new leadership. However, Lutnick’s statement clarifies the current stance of the U.S. government regarding trade policy, signaling a continued focus on leveraging tariffs as bargaining chips in international trade negotiations. While negotiations are possible, they are contingent upon other nations addressing both tariff and non-tariff barriers.