Trump, Commerce secretary and tariff
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The U.S. set wide-ranging reciprocal tariffs on numerous trade partners in early April before announcing a 90-day pause on them a week later.
Commerce Secretary Lutnick said the uncertainty surrounding President Trump's tariffs and whether they would be overturned by courts had cost "maybe" a week in ongoing negotiations with countries around the world.
Commerce Secretary Howard Lutnick insisted Sunday a court fight over President Donald Trump’s tariff power won’t blunt the administration’s leverage as it works on trade deals with key partners ahead of a July deadline.
The ruling "maybe cost us a week, but then everybody came right back to the table," the commerce secretary said.
Commerce Secretary Howard Lutnick reaffirmed the administration's commitment to tariffs. "Rest assured, tariffs are not going away," Lutnick said on Fox News Sunday.
2don MSN
The Cato Institute, a libertarian think tank, has written that "Reagan’s heart and head were clearly on the side of free trade."
Commerce Secretary Howard Lutnick said a new registration website for President Trump's Gold Card, a $5 million visa for wealthy foreigners seeking U.S. citizenship, will launch soon.
Commerce Secretary Howard Lutnick revealed the Trump Gold Card, a $5 million visa, will launch online soon, allowing affluent foreigners to buy U.S. citizenship.
Commerce Secretary Howard Lutnick said the 10 percent tariffs imposed across the board are not increasing prices on consumers. “The world has a 10 percent tariff now,” Lutnick told
US Commerce Secretary Howard Lutnick sold his stakes in the Wall Street business group he ran for more than three decades, passing ownership to his children and private outside investors and cashing out at least hundreds of millions of dollars.
European Union Trade Commissioner Maros Sefcovic said on Friday that he had held another call with U.S. Commerce Secretary Howard Lutnick, as the EU and the United States continue efforts to reach a deal on tariffs.