Commerce Minister Piyush Goyal is traveling to the US for discussions on trade.
India-US Trade Agreement Talks Progressing Negotiations for a bilateral trade agreement between India and the United States are moving ahead, according to a senior government official. The Indian team is set to travel to Washington soon to further enhance discussions. Commerce Secretary Sunil Bhaswal confirmed that an Indian delegation will engage in talks in Washington. […]
Trump will maintain a minimum tariff of 10%, says Commerce Secretary.
U.S. tariffs are set to remain at a minimum of 10% for the “foreseeable future,” according to Commerce Secretary Howard Lutnick on Sunday. Last month, President Trump imposed this rate on nearly all countries, and since then, his administration has been negotiating swift trade agreements internationally. “We’re not going below 10%,” Lutnick stated during an […]
Commerce Secretary Howard Lutnick discusses the trade agreement between the US and the UK.
UK Trade Agreement Details Unveiled On Thursday, Commerce Secretary Howard Lutnick shared insights into the recent trade deal between the US and the UK during an appearance on “Kudrow.” He emphasized that this agreement is merely a starting point, with further negotiations anticipated soon. According to Lutnick, the trade agreement, celebrated by many, is an […]
Chamber of Commerce asks for tariff exclusions, warns of recession
The U.S. Chamber of Commerce raised concerns about the recession on Wednesday asking the Trump administration to exempt tariffs on certain businesses and products. “This Chamber of Commerce hears every day from small business owners who see their capabilities at risk due to recent increases in tariff charges,” said Suzanne Clark, president and CEO of […]
US Chamber of Commerce urges Trump admin for tariff exclusions for small businesses
Forbes media chairman Steve Forbes analyzes how President Donald Trump's announcement of mutual tariffs means “final lines” for American companies. In a new letter to the Trump administration, the U.S. Chamber of Commerce warned that small businesses need automatic exclusion from tariffs that could undermine their ability to survive. The Chamber of Commerce on Thursday […]
U.S. Commerce Secretary Lutnick's Son Teams Up with Tether, SoftBank for $3B Bitcoin SPAC: FT – CoinDesk
Brandon Rutnick, son of U.S. Secretary of Commerce Howard Lutnick and son of Canter Fitzgerald, is launching listed Bitcoin investment vehicles backed by SoftBank, Tether and Bitfinex. Financial Times was first reported. The Special Purpose Acquisition Company (SPAC), known as Cantor Equity Partners, will raise $200 million in January to help form 21 new companies […]
Commerce refires probationary employees as court order lifts
The Commerce Department and its National Oceanic and Atmospheric Administration (NOAA) have already amended the trial employees after the temporary court restraint order was lifted. The Trump administration first attempted to remove recently hired or promoted employees, which rose in large numbers earlier this year, but was stopped by a temporary court restraining order, and […]
Steele Slams Commerce Secretary as ‘Arrogant SOB’ for Controversial Social Security Comments!
Former Republican National Committee (RNC) Chairman Michael Steele criticized Commerce’s Howard Lutnick following comments made by his mother-in-law, who claimed he would “call and complain” if his Social Security check had not arrived. During an interview on MSNBC’s “The Weekend,” Steele pointed out that billionaire businessman Lutnick is in a privileged position to assist his […]
Commerce secretary: No one but 'fraudsters' would complain about missed Social Security check
As Trump's allies increased rhetoric about the program's potential waste amid major restructuring efforts in the agency that oversees the program, Howard Lutnick of Commerce has issued warnings to “con artists” who receive Social Security benefits. Appeared on the “All-in” podcast Released on ThursdayLutnick said the government “doesn't have to take a penny from someone […]
Commerce secretary: Buy Tesla stock
Commerce Secretary Howard Lutnick has a message to those considering fighting Elon Musk's attacks on Tesla dealers: Buy Tesla stocks. Lutonic It appeared On Wednesday in Fox News' “Jesse Watters Primetime,” he was asked about the recent attacks from several state protesters targeting Tesla dealers, showrooms, charging stations and vehicles. “I mean, this is just […]