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U.S. Commerce Secretary Robert Lutnik said he seeks to de-escalate the trade war in talks with Canadian officials on Thursday. If other countries lower tariffs, the United States will also lower tariffs. And reiterated that auto tariffs will come on April 2. (Fox News)
According to the US media AXIOS, US Commerce Secretary Lutnik said on Tuesday local time that President Trump's economic policy is the most important move in the history of the United States. In an interview with CBS, the reporter threw a question to him: If the tariff policy leads to a recession, even if it is only a short-term recession, are they still valuable? Lutnik gave an affirmative answer: "Yes, I think the tariff policy has value for money, that is...
US President Donald Trump said he had directed the commerce secretary to impose an additional 25 per cent tariff on all steel and aluminium products from Canada, bringing the total tariff level to 50 per cent. This will take effect tomorrow morning.
On March 5th, local time on March 5th, US Commerce Secretary Lutnik said in an interview with the media that if Canada can stop fentanyl, US President Trump will be open to tariffs. Lutnik said that Trump is considering which industries can give Canada tariff relief. He will discuss with Trump on the 5th and is expected to make an announcement in the afternoon of the same day. Lutnik said that the tariff will remain at 25%, but some categories may be excluded. He also said that the compliance of...
The US crypto reserve is expected to be unveiled at the first White House crypto summit on Friday, with Commerce Secretary Howard Lutnick saying that Trump is interested in the strategic reserve of bitcoin, other tokens may be treated differently, and he revealed that bitcoin will be given "unique status" under Trump's plan. Howard Lutnic added: "The Bitcoin strategic reserve is of interest to the president. He talked about it during the campaign and I think you'll see it executed on Friday, so ...
According to Bitcoin Magazine, the US Secretary of Commerce recently said that President Trump will unveil a bitcoin reserve strategy at the upcoming White House Cryptocurrency Summit.
U.S. Commerce Secretary: Trump may cut tariffs on the United States and Mexico tomorrow.
The Trump administration could announce a path for tariff relief on Mexican and Canadian goods as early as tomorrow, Commerce Secretary Luthernick said on Tuesday. "Mexican and Canadian officials have been on the phone with me all day today, trying to show that they're going to do better, and the president is listening, so I think he's going to make some deals with them, it's not going to be a suspension of tariffs or something, but I think Trump's going to make compromises with them on some fro...
U.S. Commerce Secretary Lutnik: On April 2, trade will reset. We will see trade restructuring and renegotiation with U.S. trading partners under reciprocal tariff action.
U.S. Commerce Secretary Lutnik: Tariffs can be lifted if countries can demonstrate they can stop the flow of fentanyl.
U.S. Commerce Secretary Lutnik: U.S. President Donald Trump will decide on tariffs on Monday afternoon (local time).
U.S. Commerce Secretary Lutnik: President Trump will make a decision on tariffs today, and we will release that information on Tuesday.
U.S. Commerce Secretary Lutnik: Trump will end the EB-5 immigrant investor program.
On the 22nd local time, White House Press Secretary Carolyn Levitt said that US President Trump and his team are focused on continuing negotiations with Russia and Ukraine to end the Russian-Ukrainian conflict, and Trump is confident that the negotiations can be completed this week. (CCTV News)
On February 21, according to Hong Kong media Ming Pao, Hong Kong Deputy Financial Secretary Huang Weilun said that the Hong Kong government will further improve the supervision and framework of virtual assets, continue to promote the wider application of tokenization technology in capital markets, improve the development of relevant systems and formulate industry standards. In addition, Hong Kong is active and promising in the development of financial technology. For example, in October last yea...
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