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Commerce secretary says Trump wants TikTok deal done under current deadline

Commerce Secretary Howard Lutnick on Friday said President Trump wanted to block deals on Tiktok's future ownership under the current deadline, and the president “doesn't want to ask for an extension.” “So it's in Donald Trump's hands. He's going to decide how he wants to play it,” Lutnick said in an interview with Fox Business […]

Trump tariffs ‘worth it’ — even if they trigger recession: Commerce Secretary Howard Lutnick

Commerce Secretary Howard Lutnick said President Trump's tariffs were “worthy.” The economist warns that the president's strict tariffs in Canada and Mexico, a 30-day suspension, 20% collection on China, and his sweeping aluminum and iron tariffs could reheat inflation. Trump's pre- and post-election approach to implementing tariffs, and the costly risks of retaliatory tariffs, wiped […]

Commerce Secretary Howard Lutnick on recession risk and tariffs

Commerce Secretary Howard Lutnick rejected the market, highlighting the risk of a recession even as it slides. And America's biggest trading partner said it could easily avoid Trump's two modest tariffs. When asked if he was worried about the US going into a recession on NBC's Meet the Press, Lutnick gave a clear answer. “It's […]

Tariff Exemptions Possible for Mexico, Canada, Says Commerce Secretary

President Donald Trump is scheduled to announce drastic changes to tariffs imposed on Mexico and Canada on Wednesday, Commerce Secretary Howard Luttonick said. The administration may exempt certain items from 25% tariffs from certain items, including vehicles that meet US Mexico and Canada Agreement (USMCA) standards. In an interview with Bloomberg TV, Lutnick said President […]

Trump Mexico, Canada tariffs a ‘fluid situation’: Commerce secretary

Commerce Secretary Howard Lutonic said tariffs in Mexico and Canada, which are expected to level this week, are “a liquid situation.” Lutonic Participation Fox News' Sunday Morning Futures. He discussed President Trump's plan to place tariffs on Mexico and Canada to curb immigration and fentanyl flow to the United States. The tariff plans were suspended […]

250,000 people 'waiting in line' for $5M Trump 'gold card’: Commerce secretary

Commerce Secretary Howard Lutnick said Wednesday that 250,000 people were waiting to get one of President Trump's so-called “gold cards.” In an interview with Bret Baier about the Fox News Channel's Special Report, Lutnick defended the proposed program as a way to spend enough money on it to begin paying off the country's debts. “We're […]

US economy grew 2.3% in fourth quarter, Commerce Department says

Former White House Deputy Chief of Staff Karl Loeb responds to Tarshi Gabbard being confirmed as the National Intelligence Director for “Varney & Co.” The US economy grew at a rate of 2.3% in the fourth quarter, growing in line with previous reading and economists' expectations. The Department of Commerce's Economic Analysis Bureau (BEA) announced […]

Warren questions Commerce secretary on Musk access to data on competitors

Sen. Elizabeth Warren (D-Mass) asked Commerce Secretary Howard Lutnick on Monday about access technology billionaire Elon Musk's government efficiency (DOGE) has to its competitors and business partners. did. In a letter to Lutnick, Warren said Doge has access to major government databases of several federal agencies. She argued that such activities at the Department of […]