European Union trade chiefs will speak on Thursday with U.S. Commerce Secretary Luthnik and U.S. Trade Representative Greer. The European Union has agreed to speak with Greer and Luthnik every other day.
U.S. Commerce Secretary Lutnik: My focus is on the next big country to make a trade deal. We want to make a trade deal with a big country from Asia.
According to CNBC, U.S. Commerce Secretary Lutnik said that a trade agreement has been reached with an undisclosed country; he pointed out that it is still waiting for approval from the other country, and it is expected to be announced after approval.
US Commerce Secretary Luthnik: US President Donald Trump is not currently focused on the market.
U.S. Secretary of Commerce Lutnik: Two years is the agreed-upon time to give manufacturers enough time to establish a supply chain. There is no relief period for the third year.
On April 13, U.S. Commerce Secretary Lutnik said in an interview that electronic products such as smartphones, laptops and wireless headphones that have been exempted from tariffs will be re-examined as part of the government's investigation into the semiconductor industry. These products may be included in the tariffs on the semiconductor industry, which could be introduced in a month or two. When asked to clarify whether the tariffs on iPhones would "resume in a month or so," Lutnik replied: "...
April 13, according to ABC News: U.S. Commerce Secretary Lutnik said that electronics will be included in the upcoming industry tariffs and will be implemented in about a month. The pharmaceutical industry tariffs will be introduced in the next month or two.
U.S. Commerce Secretary Luthnik: Not worried about the dollar.
The United States expects the European Union to delay the planned tariff retaliation.
The United States expects the European Union to delay the planned tariff retaliation.
On April 8, hedge fund boss Bill Ackerman said on social media platforms: "I am unfairly attacking Lutnik. I don't think he is pursuing his own interests." Ackerman yesterday bombarded Lutnik, saying he profited by shorting the United States. In response, he said: "I am very frustrated that after our country and our president have made tremendous economic progress, there have been what I consider to be major policy mistakes, and now they are at risk because of tariffs." Earlier, Hassett, directo...
"I am unfairly attacking Mr. Lutnik. I don't think he is pursuing his own interests," Bill Ackerman, the hedge fund boss, said on social media platforms yesterday, blasting Mr. Lutnik for profiting by shorting the US. "After tremendous economic progress for our country and our president, we have made what I consider to be major policy mistakes, and now we are at risk because of tariffs," he said.
U.S. Commerce Secretary Jorge Lutnik said it is impossible for U.S. President Donald Trump to remove tariffs. Countries can address non-tariff trade barriers. President Trump will only negotiate if other countries address tariffs and non-tariff barriers.
Market news: The Premier of Ontario, Canada, will hold talks with U.S. Secretary of Commerce Lutnik today.
In an interview with NBC News, U.S. Commerce Secretary Jon Lutnik said U.S. President Donald Trump will not slow down on drug-related tariffs. If the fentanyl issue is resolved, the tariffs will be lifted. It's about the border and fentanyl.