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.
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.
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.
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.
On March 7, 2025 Beijing time, Trump officially signed the Bitcoin Strategic Reserve Executive Order. According to the executive order revealed by White House AI and cryptocurrency director David Sacks, the US Treasury Secretary and Commerce Secretary are authorized to develop budget-neutral strategies to acquire more bitcoin, provided that these strategies do not increase the cost to US taxpayers.
Sources: U.S. Commerce Secretary Luthnik informed the Brazilian Vice President in a phone call that the United States may delay the imposition of tariffs on Brazilian goods.
U.S. Commerce Secretary Lutnik said that all goods related to the USMCA may be exempted from tariffs, and Trump may delay the imposition of tariffs on all USMCA-related goods. Tariffs on USMCA-related goods may be postponed until April 2.
U.S. Commerce Secretary Robert Lutnik said the tariffs would not fund U.S. sovereign wealth funds.
US Commerce Secretary Luthnik: Trump favors a month of "help" for automakers.
The dollar fell more than 50 points against the Canadian dollar USD/CAD short-term, now at 1.4391. The US Commerce Secretary revealed that Trump will reach some kind of compromise with Mexico and Canada on trade issues.
U.S. Commerce Secretary Lutnik: Tariffs can be lifted if countries can demonstrate they can stop the flow of fentanyl.