Howard Lutnick News

Subscribe to enjoy similar stories. MUMBAI: Domestic equities were shaken by the ‘Trump factor’ throughout the week, leaving India the worst-performing major market globally as risk-off sentiment gripped investors. Markets struggled amid a trio of US-driven shocks.

Subscribe to enjoy similar stories. When the Justice Department released its last trove of millions of files about Jeffrey Epstein, President Trump found himself in the same place he had spent a year trying to avoid—dealing with the fallout, again. The files showed his own commerce secretary, Howard Lutnick, had visited with Epstein long after Lutnick said they had cut ties.

Subscribe to enjoy similar stories. OTTAWA–Canada and the Trump administration are locked in a war of words over Prime Minister Mark Carney’s bid to chart a new model for smaller powers to fight back against the U.S.’s aggressive use of its economic and military might. In the past week, Carney has resolved a trade dispute with America’s biggest strategic competitor, China, and delivered a speech at the World Economic Forum in Davos, Switzerland urging smaller powers to unite against economic coercion from the world’s great powers.

Subscribe to enjoy similar stories. DAVOS, Switzerland—President Trump video-conferenced into the World Economic Forum a year ago demanding lower interest rates from the global elites gathered and threatening tariffs against those making products anywhere but America. This year, he is heading in person to the Alpine summit with an entourage of U.S.

Subscribe to enjoy similar stories. Oil isn’t the only commodity to drive President Donald Trump’s decision to oust Venezuelan President Nicolás Maduro. The nation’s critical minerals shouldn’t be overlooked as a potential motive for regime change.

Subscribe to enjoy similar stories. WASHINGTON—The Trump administration plans to let Nvidia export its H200 chip to China, the latest twist in the artificial-intelligence chip designer’s efforts to maintain access to the world’s second-largest economy, according to people familiar with the matter. The Commerce Department plans to approve licenses to China letting Nvidia sell its H200.

Subscribe to enjoy similar stories. WASHINGTON—In the final run-up to President Trump’s “Liberation Day" tariff announcement, aides were left with a difficult task. They were struggling to square the president’s seemingly contradictory goals for sweeping new duties.

Donald Trump's most recent wave of tariffs is all set to rattle the economy. His trade war has just gotten personal for one of his closest allies. With new tariffs going into effect on "Liberation Day," Amazon founder Jeff Bezos might be among the most affected, and his retail empire could face a heavy financial blow. As economists warn about rising costs and economic downturns, the Amazon founder faces significant challenges.

Subscribe to enjoy similar stories. “The golden age of America begins right now," intoned Donald Trump at the start of his inaugural address on January 20th. The business world bought the glittering talk, in anticipation of lower taxes, less red tape and buoyant American consumers.

In this article

trade talks in New Delhi as part of efforts to negotiate the first tranche of a mutually beneficial, multi-sector Bilateral Trade Agreement (BTA) by fall of 2025. Representatives of India's Department of Commerce and the Office of the U.S. Trade Representative held meeting in the national capital for four days beginning March 26 as a follow up to the two countries agreeing to expand bilateral trade to reach USD 500 billion by 2030, including through the conclusion of a Bilateral Trade Agreement (BTA). A Commerce and Industry Ministry release said that in order to realize the shared objective of promoting growth that ensures fairness, national security and job creation, both sides have through four-days of discussions in New Delhi broadly come to an understanding on the next steps towards a mutually beneficial, multi-sector Bilateral Trade Agreement (BTA), with the goal to finalize its first tranche by fall 2025. Sectoral expert level engagements under the BTA will start virtually in the coming weeks and pave the path for an early negotiating round in person. «During these discussions the two sides also had a productive exchange of views on deepening bilateral cooperation in priority areas including increasing market access, reducing tariff and non-tariff barriers and deepening supply chain integration in a mutually beneficial manner,» the release said.

Poll after poll shows angry Canadians are on board when it comes to retaliating against United States President Donald Trump‘s tariffs.

By Mark Mullins

Liberal Leader Mark Carney is set to have his first phone conversation with United States President Donald Trump in the coming days, and Trump’s commerce secretary said Canada may get some reprieve from automobile tariffs.

Subscribe to enjoy similar stories. It isn’t easy to pin down the purpose of the Trump administration’s sweeping tariff agenda. Sometimes the president uses tariff threats to intimidate and gain leverage with trading partners.

copper imports could be coming within several weeks, months earlier than the deadline for a decision, according to people familiar with the matter. Copper traded in New York rose to a record. US President Donald Trump in February directed the Commerce Department to open an investigation into potential copper tariffs and submit a report within 270 days, though it’s now expected to be resolved sooner, said the people who asked not to be identified because the discussions are confidential. The investigation already is looking like little more than a formality, some of the people said, with Trump having regularly said he plans to impose the tariffs. The administration is proceeding expeditiously with the review, and a conclusion could be possible well before the 270-day deadline, an official familiar with the process said, speaking on condition of anonymity. The White House declined to comment. In February, Peter Navarro, a White House trade adviser, said the investigation would proceed quickly.

subsidy program that will benefit satellite internet providers like Elon Musk’s Starlink, but some state and federal officials worry the technology isn’t robust enough to connect Americans on a mass scale and at affordable rates. The Biden administration’s vision for the Broadband Equity and Access Deployment Program (BEAD), designed to deliver fast, reliable home internet service to every US household, leaned heavily on fiber-optic lines, a technology that’s expensive to install but can last for decades. The shift toward satellites is a result of extensive lobbying by Musk and has gained Republican support, including from Senate Commerce Committee Chairman Ted Cruz. State and former federal officials, several of whom spoke to Bloomberg on the condition of anonymity, described pitfalls with Commerce Secretary Howard Lutnick’s new approach, which gives more opportunities for satellite terminals that are initially inexpensive, but can cost more over time. One state official shared internal data that showed satellite service costs consumers 53% more over the course of 30 years. Satellite service would also cost more than twice as much to maintain over that time frame, according the data.

Howard Lutnick has revealed some startling details about world's richest man Elon Musk. Lutnick spilled beans before the election and long before the Department of Government Efficiency (DOGE) was established to slash the federal spending, according to TOI. In the All-in podcast, Howard Lutnick confirmed his plans to collaborate with Elon Musk on strategies to reduce government spending if Donald Trump wins the election. Their first meeting was set for October 14, a significant day for Musk, as SpaceX made history by successfully catching a rocket upon landing. ALSO READ:Who is Jeffrey Goldberg, the Atlantic's editor who was 'accidentally' added to top Trump officials' secret Yemen strike chats

Piyush Goyal on Friday said that he had a «forward looking» discussion with US Trade Representative Jamieson Greer on a mutually beneficial bilateral trade agreement. «Our approach will be guided by 'India First', 'Viksit Bharat' and our Comprehensive Strategic Partnership,» the Commerce Minister wrote on his X timeline, sharing a photograph of the meeting. Commerce Minister Piyush Goyal was in the US last week. His visit to the US followed US President Donald Trump and PM Modi's plans to negotiate the first tranche of a mutually beneficial, multi-sector Bilateral Trade Agreement (BTA) by the fall of 2025. The two leaders had committed to designating senior representatives to advance these negotiations. During the recent meeting between President Trump and Prime Minister Narendra Modi, the two leaders resolved to expand trade and investment to make their citizens more prosperous, nations stronger, economies more innovative, and supply chains more resilient. They resolved to deepen the US-India trade relationship to promote growth that ensures fairness, national security and job creation. To this end, the leaders set a bold new goal for bilateral trade — "Mission 500" — aiming to more than double total bilateral trade to USD 500 billion by 2030.

global trade war with further tariffs on European Union goods, as major U.S. trading partners said they would retaliate for trade barriers already erected by the U.S. president. Just hours after Trump's 25% duties on all U.S. steel and aluminum imports took effect, Trump said he would impose additional penalties if the EU follows through with its plan to enact counter tariffs on some U.S. goods next month. «Whatever they charge us, we're charging them,» Trump told reporters at the White House. Trump's hyper-focus on tariffs has rattled investor, consumer and business confidence and raised recession fears. He also has frayed relations with Canada, a close ally and major trading partner, by repeatedly threatening to annex the neighboring country. Canada, the biggest foreign supplier of steel and aluminum to the United States, announced 25% retaliatory tariffs on those metals along with computers, sports equipment and other products worth $20 billion in total. Canada has already imposed tariffs worth a similar amount on U.S. goods in response to broader tariffs by Trump. «We will not stand idly by while our iconic steel and aluminum industries are being unfairly targeted,» Canada's Finance Minister Dominic LeBlanc said.