U.S. Secretary of State Rubio: Trump and his administration have taken all necessary steps to protect our forces and maintain close ties with regional partners. Israel has taken unilateral action against Iran, we are not involved in strikes against Iran, and our priority now is to protect U.S. forces in the region. Iran should not target U.S. interests or personnel. (Kim 10)
U.S. Commerce Secretary Lutnik: Starting next week, one deal after another will be reached.
US Secretary of Commerce: $1,000 per ton of steel is a reasonable price.
On June 4, U.S. Commerce Secretary J.R. Lutnik told senators Wednesday that he expects to complete an analysis and set tariffs on aircraft parts by the end of the month. "We will discuss this with the president, we will discuss the results of the analysis, and we will give due consideration to what to do," he told a Senate Appropriations subcommittee hearing.
Howard Lutnik, commerce secretary, said "tariffs are not going away".
White House Press Secretary Levitt: Trump told the Federal Reserve chairperson that not lowering interest rates was a mistake.
White House Press Secretary Levitt: The Trump administration will work with the Department of Government Effectiveness (DOGE) staff in the future.
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.
Following Trump's announcement of a trade deal with the UK, US Commerce Secretary Lutnik said boosting market access for US exporters would bring in billions of dollars in revenue. "They agreed to open up their markets, which would increase the opportunity for US exporters by $5 billion," Lutnik said in the Oval Office. "We still have a 10 per cent tariff, which would bring in $6 billion for the US." Lutnik said the deal would not put pressure on the UK economy and British workers would not be s...
1. Trump signed an executive order to cancel some car tariffs. 2. US Secretary of Commerce: All cars made in the United States can enjoy tariff relief. 3. Cui Dongshu of the Passenger Union Branch: China accounted for 33% of the world's car share from January to March. 4. It is reported that the long-wheelbase three-row version of Tesla Model Y will start production in May. 5. CATL announced that it will become the first company to pass the new national standard for power batteries. 6. BYD plans...
In an interview with CNBC on Tuesday, Mr. Lutnik, the commerce secretary, said he had reached a trade deal with an unnamed country. "One of my deals is done, done, done, done," he said. "But I need to wait for their leaders and their parliament to approve it, and I expect it to be done soon." The trade deal would be the first of the Trump administration. Mr. Lutnik declined to name the country.
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.
The US State Department spokesperson said on the 29th local time that US Secretary of State Rubio said that Russia and Ukraine are now required to submit specific proposals. If there is no progress, the United States will withdraw from the mediation process.
U.S. Commerce Secretary Luthnik said that U.S. President Donald Trump is not currently focused on the market.
On April 29th, U.S. Commerce Secretary Lutnik: Automakers made in the United States will receive a 15% deduction on the value of those vehicles when importing parts; all vehicles assembled in the United States and containing 85% local parts content will be exempt from tariffs. This will help domestic automakers relocate their supply chains to the United States. All vehicles made in the United States will enjoy tariff relief; tariffs will apply to foreign automakers that produce cars in the Unite...