Author: USA TODAY
Publication Date: July 24, 2023 - 03:00
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July 24, 2023
Amid the confusion over precisely what deal Canada struck with the U.S. to open the Gordie Howe International Bridge, U.S. Secretary of Commerce Howard Lutnick has weighed in on social media with his own calculations. “The USA struck a great deal with respect to the Gordie Howe Bridge,” he wrote in a social media post on Saturday. “Before this deal we got NOTHING. Now, the U.S. gets 50% of net revenues until 2041 and a say in setting the tolls. Our share is before interest and principal.” He added: “This is the Art of the Deal in action,” a reference to Donald Trump’s 1987 memoir and...
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