Possible extension of US-China tariff freeze anticipated, South Korea keen to finalize trade agreement, Commerce Secretary Howard Lutnick states
Commerce Secretary Howard Lutnick indicated on Monday that the Trump administration is likely to extend the suspension of tariffs on China as trade talks progress, but noted that South Korea is very eager to finalize a deal. In an interview with Brett Beyer on Fox News’ Special Report, Lutnick remarked that while discussions are ongoing, […]
China Stopping U.S. Commerce Department Worker from Departing
A report highlights that US Department of Commerce staff members traveling to China to visit family find themselves unable to leave, as their employment details are seen as a potential risk. According to sources familiar with the situation, noted in the Washington Post, a Chinese-American individual remains in this predicament due to China’s contentious policies […]
We have initiated a lawsuit that may reverse Wickard and restrict Commerce Clause authorities.
Roscoe Philburn operated a wheat farm in rural Montgomery County, Ohio. When he used his harvest to feed his family, he found himself at odds with the federal government. This was 1938, a time when the U.S. was grappling with the Great Depression and the Dust Bowl. Farmers, particularly wheat growers, faced plummeting prices, leading […]
John Kennedy Shares on ‘Morning Joe’ His Confusion About Trump’s Commerce Secretary Regarding Tariffs
Senator John Kennedy from Louisiana expressed confusion over Commerce Secretary Howard Lutnick’s views on tariffs and trade negotiations during a Senate Commerce Committee hearing. Lutnick had previously stated he wouldn’t engage in trade with countries that did not impose tariffs or barriers that could benefit China’s economy. Feeling puzzled by Lutnick’s responses, Kennedy mentioned on […]
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 […]