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…
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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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Howard Lutnick, Secretary of Commerce
Howard Lutnick, Secretary of Commerce
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House Advances AI Consumer Safety Bill
Legislation proposes AI pilot program to help federal agency detect hazardous products and track market trends. The House Energy and Commerce Committee approved the Consumer Safety Technology Act,…
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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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President Orders Creation of Federal Cryptocurrency Stockpile
The reserve will start with Bitcoin seized by law enforcement from financial crimes. President Donald Trump signed an executive order on Thursday to establish a “digital asset stockpile,”…
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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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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 Nominates Neil Jacobs as Head of NOAA
Commerce secretary nominee commits to leaving the agency under current department jurisdiction. President Donald Trump nominated scientist Neil Jacobs for administrator of the National Oceanic and Atmospheric Administration…
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