WASHINGTON, Aug 7 (Reuters) - U.S. Commerce Secretary

Howard Lutnick said on Thursday he expects the country is

heading towards $50 billion a month in tariff revenues as higher

levies on imports from dozens of countries kick in.

"And then you're going to get the semiconductors, you're

going to get pharmaceuticals, you're going to get all sorts of

additional tariff money coming in," Lutnick said in an interview

with Fox Business Network.

When asked whether an August 12 deadline to reach a tariff

agreement with China could be extended again, Lutnick said it

was possible.

"I think we're going to leave that to the trade team and to

the president to make those decisions, but it feels like likely

that they're going to come to an agreement and extend that for

another 90 days, but I'll leave it to that team."