Trump, Howard Lutnick and Commerce Secretary
Digest more
Top News
Overview
Impacts
President Donald Trump's policies have reportedly sparked a wave of outreach from countries around the world ready to make a deal.
From Fox News
his administration abruptly said it would suspend these higher rates for 90 days, and instead maintain a recently-imposed 10% levy on nearly all global imports.
From The Boston Globe
Economists believe tariffs could boost inflation and weigh on growth.
From webcenterfairbanks
Read more on News Digest
The commerce secretary is playing a supersize role in the Trump administration. But in doing so, he has taken contradictory positions on key issues, leading to exasperation on the part of those interacting with him.
The United States appears open to comprehensive negotiations with the European Union to address a broad range of issues, Irish Trade Minister Simon Harris said after a meeting with U.S. Commerce Secretary Howard Lutnick on Wednesday.
He was proven very wrong on Monday as the stock dropped to $217.41 within 45 minutes of the market opening, according to Bloomberg. It recovered from that trough throughout the day, even bouncing above its previous close, but the stock was down 3.8 percent on the day as of 3:45 pm ET.
Commerce Secretary Howard Lutnick on Sunday tried to defend US tariffs even on islands only populated with penguins.
Tesla’s stock has plummeted to a new low only three weeks after Commerce Secretary Howard Lutnick advised Americans to buy it because “it’ll never be this cheap again.” Elon Musk’s company’s shares dropped 10 per cent in early trading on Monday,
Explore more
On CNN, Commerce Secretary Howard Lutnick defended the new tariffs implemented with Trump Administration: PAMELA BROWN: What gives you so much certainty -- and, by the way, this is more aggressive and the economy is in a different place with inflation and consumer sentiment.
The Trump administration’s trade strategy is aimed at recalibrating relationships with countries such as Vietnam, which exported some $137 billion in products to the U.S. last year, Commerce Secretary Howard Lutnick said Sunday on CBS.
Commerce Secretary Howard Lutnick said Thursday the $5 million visa, would be available within a “week, week-and-a-half.”