Trump, Commerce Secretary and Tariff
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South Korea's top trade negotiators met with U.S. Commerce Secretary Howard Lutnick, with both sides reaffirming their intention to reach a tariff deal.
U.S. Commerce Secretary Howard Lutnick said on Thursday that TikTok will have to stop operating in the United States if China does not approve a deal for the sale of the Chinese-owned short video app that is used by some 170 million Americans.
Commerce Secretary Howard Lutnick stated that if the Chinese do not hand over more control of TikTok, the app will end up becoming inaccessible to Americans.
U.S. Commerce Secretary Howard Lutnick said on July 24 that if China does not accept a deal from the U.S. to sell the app, TikTok will go dark again.
WASHINGTON, July 20 (Reuters) - U.S. Commerce Secretary Howard Lutnick said on Sunday he was confident the United States can secure a trade deal with the European Union, but August 1 is a hard deadline for tariffs to kick in. Lutnick said he had just gotten off the phone with European trade negotiators and there was "plenty of room" for agreement.
Commerce Secretary Howard Lutnick said the Federal Reserve should lower interest rates and that Fed Chair Jerome Powell "has got to go."
Lutnick and President Donald Trump speak on the phone most nights, at around one in the morning, just after Lutnick gets in bed,” New Yorker magazine writer Antonia Hitchens said.
The commerce secretary said President Donald Trump's sweeping new tariffs would drive as much as 1.5 percent gross domestic product growth.
Commerce Secretary Howard Lutnick warned Thursday that TikTok will go dark unless China agrees to a deal in which American owners take control of the popular social media app and its algorithm.
2don MSN
The head of the American Automotive Policy Council, which represents General Motors, Ford and Stellantis, raised concerns about Trump's Japan deal.
Commerce Secretary Howard Lutnick revealed the unique and historic nature of the recently secured U.S.-Japan trade deal he helped negotiate during a Daily Caller Live event Thursday.