Howard Lutnick Discusses Recent Developments in TikTok Agreement
TikTok’s Future Uncertain Amid Negotiations Commerce Secretary Howard Lutnick appeared on Fox News recently to discuss the ongoing negotiations concerning TikTok and its standing with the US and China. If the sale isn’t approved by China, TikTok faces the possibility of being banned within the US. The deadline for this decision has been extended until […]
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, […]
Democrats criticize Lutnick for changing his stance on China and semiconductors
A coalition of House Democrats has criticized the Trump administration’s move to permit the sale of advanced Nvidia computer chips to China. In a letter sent to Lutnick on Sunday, Representatives Raja Krishnamoorthi (D-Ill.) and Gregory Meeks (D-N.Y.) expressed concerns that the administration is using export controls on semiconductors and advanced computing components as strategic […]
Trump has a strong preference for TikTok, but the app needs to be under US ownership: Lutnick
President Trump has a liking for TikTok, but the popular video app, which has approximately 170 million users in the U.S., needs to be owned by American interests, according to Commerce Secretary Howard Lutnick. “The president really enjoys TikTok, mentioning repeatedly how it’s a great way to connect with younger audiences,” Lutnick stated during a […]
Sec. Howard Lutnick Speaks at Energy Event, Emphasizes Trade Achievements of Trump Administration
American Jobs, American Strength Highlighted by Commerce Secretary Commerce Secretary Howard Lutnick recently addressed the Daily Caller Live event, “American Jobs, American Strength,” organized by the American Beverage Association in Washington, DC. He discussed the Trump administration’s new trade agreement and the ongoing battle against harmful economic practices from China. During an interview with Daily […]
Business leader Lutnick previously referred to Trump as a ‘buffoon’ — but now speaks with him every night, according to a report.
WASHINGTON – Commerce Secretary Howard Lutnick, who once viewed President Trump as a “clown,” is now reportedly speaking with him “most nights,” according to insights from magazine writers. Back in 2016, Lutnick made some less-than-flattering remarks about Trump to his friends and supported Democratic candidate Hillary Clinton during that election cycle. Fast forward to today, […]
Republicans confront Lutnick about AI chip regulations
A group of House Republicans questioned Commerce Secretary Howard Lutnick on Thursday, urging for the establishment of clear policies regarding artificial intelligence (AI) chip exports following the Biden administration’s retraction of previous frameworks. Led by Rep. Mark Alford (R-Mo.), eight GOP lawmakers emphasized the need for a “stable export structure” to succeed the AI proliferation […]
Lutnick emphasizes that August 1 is a strict deadline for the EU and tariffs.
Trade Negotiations and Tariff Updates Commerce Secretary Howard Lutnick reiterated on Sunday that the President’s August 1 deadline for a new trade arrangement with Europe is firm. “We’re set to start implementing new tariffs on August 1. However, discussions can continue post-deadline; just know that the tariffs will take effect then,” he stated. Officials in […]
Science Committee Democrats urge Lutnick to discuss NWS staffing issues
House Democrats from the Science and Space Technology Committee urged Commerce Secretary Howard Lutnick to discuss staffing issues at the National Weather Service (NWS) in a letter sent on Wednesday. The letter stated, “We plan to request your testimony before the National Weather Service regarding staffing shortages.” It emphasized the critical role of the NWS, […]
Lutnick: Existing 10 percent tariffs aren’t raising prices
Commerce Secretary Comments on Tariffs and Consumer Prices Commerce Secretary Howard Lutnick stated that the existing 10% tariffs have not led to increased consumer prices. “There are currently 10% tariffs worldwide,” Lutnick remarked during an interview with News Nation’s “Cuomo” on Thursday night. “The way to navigate the market is to absorb the currency difference […]