He says the administration has made “astonishing” progress. White House National Economic Council Director Kevin Hassett reported that President Donald Trump’s trade team has made progress on the…
Read MoreCommerce Secretary Lutnick
Commerce Secretary Says Semiconductor Tariffs are Coming Soon
The tech exemptions from President Trump are temporary. Commerce Secretary Howard Lutnick explained President Trump’s decision to incorporate tariff exemptions for key electronic components on Sunday. He said…
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U.S. Trade Representative Speaks on President’s Tariff Strategy
The U.S. has faced high export fees for decades as international goods have flowed into the nation with low or no tariffs. United States Trade Representative Jamieson Greer…
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Louis DeJoy Resigns as Postmaster General
President Trump proposes having the Commerce Department run USPS. Louis DeJoy resigned as the Postmaster General of the U.S. Postal Service (USPS) on Monday. “While our management team…
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Honda Plans Production Move From Mexico to Indiana to Avoid Tariffs
President Trump’s 25 percent tariffs on goods from Mexico and Canada increase interest in U.S. production. Honda is exploring moving manufacturing of the next generation Civic to Indiana…
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Commerce Secretary Says Tariffs Part of “Drug War,” Not “Trade War”
He says U.S. will reexamine tariffs if flow of fentanyl reduced by April 2. Commerce Secretary Howard Lutnick described President Donald Trump’s tariffs against Mexico and Canada on…
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Commerce Department to Investigate Copper Tariffs
President Trump seeks to increase domestic production. President Donald Trump has directed the Commerce Department to investigate the U.S. copper industry to determine whether tariffs could support an…
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President Proposes 25% Tariffs on Vehicles, Pharmaceuticals, and Microchips
He encourages foreign companies to bring manufacturing into the United States. President Donald Trump said that his administration would impose new tariffs on foreign-made automobiles, semiconductors, and pharmaceuticals…
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Senate Confirms Commerce and Small Business Officials
Loeffler becomes SBA Administrator and Lutnick confirmed as Commerce Secretary. The Senate confirmed former U.S. Senator Kelly Loeffler as the head of the Small Business Administration (SBA) this…
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President Trump Pauses Tariffs on Mexico and Canada
The move came after he spoke with President Sheinbaum and Prime Minister Trudeau. President Donald Trump paused the 25 percent tariffs that were slated to take effect over…
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