Is the U.S. Heading for a Recession? Here’s What the Experts Say
Are we headed for a recession? President Trump over the weekend did little to assuage concerns on the topic. Commerce Secretary Howard Lutnick had a different answer: “There
Commerce Secretary Lutnick emphatically shoots down recession concerns – and reveals how Canada, Mexico can get tariffs lifted
Commerce Secretary Howard Lutnick emphatically rejected the risks of a recession even as markets slide — and said America’s biggest trading partners could easily avoid Trump’s twice-delayed tariffs. Lutnick, 63, was asked if he was worried about the US sliding into recession Sunday on NBC’s “Meet the Press” — and gave an unequivocal answer.
Lutnick on CNBC: U.S. Likely to Grant Reprieve to USMCA-Compliant Goods
Commerce Secretary Howard Lutnick said that Canadian and Mexican goods compliant with USMCA, the free-trade agreement President Trump signed with the countries in 2020, likely won’t have a tariff until next month.
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Howard Lutnick Says President Trump to Unveil Bitcoin Reserve Strategy This Week
Commerce Secretary Howard Lutnick revealed in an interview on Tuesday that President Donald Trump plans to announce a bitcoin strategic reserve later this week. Speaking to independent news outlet ...
Ontario Suspends Surtax on U.S. Electricity Exports Amid Heightened Tension
Ontario Premier Doug Ford says he’s suspending the province’s 25% surtax on U.S.-bound electricity following a conversation with U.S. Commerce Secretary Howard Lutnick, and hours after President Trump threatened tariffs aimed at crippling the Canadian economy.
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Americans Should 'Absolutely Not' Prepare for Recession—Trump Official
Lutnick's comments also come as Trump has pledged ... dropping 1.8 percent while the Nasdaq plunged 2.6 percent and the Dow Jones Industrial Average fell by 1 percent. Cumulatively, the Dow ...
Canada and Mexico Tariff Compromise Could Come This Afternoon, Lutnick Says
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.
U.S. Stock Futures Inch Up After Lutnick Signals Flexibility On Tariffs
Lutnick suggested Trump may be open to striking a deal on some tariff measures and could announce changes as early as Wednesday.
Stock market today: Nasdaq enters correction, S&P 500 sinks to lowest since November as stocks get clobbered on Trump tariff whiplash
US stocks tanked to session lows on Thursday after more tariff whiplash from the Trump administration. The Dow Jones Industrial Average fell 1%, or over 400 points, while the S&P
Canada, Mexico Tariff Announcement Is Expected This Afternoon, Says Lutnick
Commerce Secretary Howard Lutnick said a decision is expected this afternoon on the newly instated 25% tariffs on Canada and Mexico. Lutnick told reporte
Canada and Mexico Tariff Update Could Come This Afternoon, Lutnick Says
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.