Commerce Secretary Howard Lutnick claimed President Donald Trump has the upper hand in tariffs against China because the U.S. buys more of its products than the Chinese buy American. Lutnick’s analysis comes weeks after China filed a lawsuit against the U.
U.S. Commerce Secretary Howard Lutnick joins 'Squawk Box' to discuss President Trump's new tariffs against Canada, Mexico and China, the reasoning behind the new round of tariffs, impact on consumer prices,
Washington – President Donald Trump launched a trade war Tuesday against America’s three biggest trading partners, drawing immediate retaliation from Mexico, Canada and China and sending financial markets into a tailspin as the U.S. faced the threat of rekindled inflation and paralyzing uncertainty for business.
Commerce Secretary Howard Lutnick said Thursday that President Donald Trump will likely announce later in the day a one-month tariff delay on all products that are covered by the USMCA free trade treaty,
Lutnick said he did not expect immediate tariff relief for China since it continues to subsidize fentanyl production that is killing Americans.
President Donald Trump's Commerce secretary indicates there won't be a "pause" on tariffs, but negotiations with Canada and Mexico will meet "in the middle."
China has moved quickly to strike back against Trump's latest tariff plans. The Chinese governments on Tuesday announced retaliatory tariffs on some U.S. goods of up to 15%, starting on March 10, as well as new export controls.
Live updates on the trade disputes between the U.S., Canada, Mexico and China, plus stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
Commerce Secretary Howard Lutnick indicated that President Donald ... along with a 20% duty on China, to efforts to curb illicit fentanyl trafficking and migration into the US.
It's the latest twist in a fluctuating trade policy that has whipsawed markets and fanned worries about inflation and growth.
President Donald Trump on Thursday postponed 25% tariffs on many imports from Mexico and some imports from Canada for a month amid widespread fears of the
Commerce Secretary Howard Lutnick claimed President Donald Trump has the upper hand in tariffs against China because the U.S. buys more of its products than the Chinese buy American. Lutnick’s ...