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The Latest Breaking News from Commerce

Biden vs. Trump: The Next Round Over Lead Ammo, Monuments and Hunting on Federal Land

Trump signs orders opening monuments to hunting, protecting lead ammo — part of a broader rollback of Biden-era environmental rules.

Latin Times

School Assembly News Headlines, September 17, 2026: Top national, international, business, sports updates and thought of the day

School Assembly News Headlines: India's ambassador held discussions with Nepal's foreign minister to enhance their bilateral relations. Meanwhile, India and Canada are striving to finalize their economic partnership agreement by the end of the year. In the UK, inflation rates have surged, prompting the Bank of England to contemplate raising…

The Economic Times

India, Canada working to close CEPA before end of 2026: Commerce Secy Rajesh Agarwal

India and Canada are working to conclude their Comprehensive Economic Partnership Agreement negotiations this year. The fourth round of talks is currently underway, with two chapters already finalized. Discussions are progressing across all remaining chapters of the proposed agreement. Bilateral trade aims to expand significantly to fifty billion dollars by…

The Economic Times

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College NIL bill moves forward on Senate floor

A potentially landmark Senate college sports bill easily cleared a procedural hurdle on Tuesday, moving the bipartisan legislation one step closer to advancing out of the chamber. The Senate voted 74-24 on the procedural step, which opens a path to an eventual vote on passage. Sen. Eric Schmitt, R-Mo., one…

Roll Call

India-China trade reset: New talks begin on trade concerns, supply chains; more meetings expected

India-China trade reset: India and China have begun discussions to address key bilateral trade concerns, with a focus on structural trade imbalances and supply chain issues. Both sides are working to understand each other's positions on various trade-related matters. Further meetings are expected to take the discussions forward, with the…

The Economic Times

Piyush Goyal to visit US for G20 trade talks as India eyes key FTA milestones

Indian Commerce Minister Piyush Goyal will visit the United States for a G20 trade meeting. He will hold bilateral discussions with US Trade Representative Jamieson Greer during his visit. Ongoing free trade agreement negotiations between India and the US will be discussed. The India-European Union free trade pact is expected…

The Economic Times

India, China agree to 'properly address' economic and trade concerns in a balanced manner

Commerce Minister Piyush Goyal met Chinese counterpart Wang Wentao to implement key agreements. Leaders agreed to expand economic cooperation and address mutual concerns. They also emphasized viewing each other as partners, not rivals. Border peace remains essential for developing India-China relations. Both nations will coordinate more in multilateral forums like…

The Economic Times

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Howard Lutnick says the $5,000 Trump Dividend will come ‘not from taxpayer money,’ but the Trump Platinum Card which hasn’t launched yet

That's some futureproofing.

We Got This Covered

Trump says he will give every US adult $5,000 if GOP wins in mid-terms; his aide reveals how

US Commerce Secretary Howard Lutnick has said Donald Trump’s proposed USD 5,000 “dividend” for American adults would not be funded through tax revenue amid questions over how the plan would be financed.

The Times of India

Howard Lutnick overcome with emotion while honoring 658 colleagues killed in 9/11

US Commerce Secretary Howard Lutnick was seen wiping away tears at the 9/11 memorial on Friday as he viewed the names of fallen colleagues inscribed on the parapets surrounding the footprints of the fallen towers. Lutnick was CEO of the investment firm Cantor Fitzgerald, a trading company located on the…

The Independent UK

‘Not Tens Of Billions, But Tens Of Trillions’: Nvidia CEO Jensen Huang Says AI Is Like the New Electricity and the Scale Is Unlike Any Tech in History

Nvidia CEO Jensen Huang told Commerce Secretary Lutnick at a G20 event that the AI infrastructure buildout will reach tens of trillions of dollars -- far beyond current company capex -- comparing it to metered energy infrastructure sold by the token.

Barchart

India seeks payment-system links in every FTA, Commerce Secy says: Report

India aims to link its payment systems with trading partners in new agreements. This strategy seeks to make cross-border payments faster and significantly cheaper for users. The Unified Payments Interface is a key digital public infrastructure for this expansion. India's diaspora remittances are a major focus for cost reduction efforts.…

The Economic Times

UK recognises India's CCTS; carbon price to be accepted under CBAM regime: Comm Secy

The United Kingdom has recognized India's Carbon Credit Trading Scheme. This recognition allows carbon price relief under Britain's CBAM regime. Indian exporters will benefit from reduced double taxation on their goods. The Commerce Ministry is addressing freight cost increases for exporters. Efforts are underway to ensure ship and container access…

The Economic Times

India-US trade deal ‘more or less’ finalised, framework for preferential access being worked out: Commerce Secretary Rajesh Agarwal

The India-US trade deal is nearly finalized, with both nations discussing preferential market access. India's free trade agreement with Chile is also in its final stages of negotiation. New Zealand FTA is expected to become active soon, potentially in October. Government efforts aim to reduce freight costs and support exporters…

The Economic Times

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The Economic Times

GFF 2026: India should build fintech for the world, target $60-80 billion financial services exports, says Commerce Secretary Rajesh Agarwal

India aims to export digital financial services leveraging its fintech expertise. This expansion moves beyond traditional IT and professional services exports. Fintech solutions like UPI demonstrate India's capability for global adoption. Digital lending and e-commerce exports also present significant international opportunities. India's government supports these ventures through various initiatives and…

The Economic Times

India joins US-led global initiative to shape next-generation 6G networks

India has joined twenty-four nations in a global initiative for 6G network development. This agreement was finalized following a bilateral meeting between US and Indian officials. The G20 Innovation Ministerial meeting was hosted by the United States Department of Commerce. Discussions focused on strengthening cooperation across semiconductors, AI, and data…

The Economic Times

Trump's bid to shield chip supply chain could backfire in Tennessee

Germany's Wacker Chemie, which produces polysilicon that goes into chips and solar panels, will make a decision in the coming weeks on whether to close its Charleston, Tennessee, facility, which employs about 600 workers, the sources said.

Motor1

Automakers Tell Congress To Ban Chinese Connected Cars, Permanently

The Alliance for Automotive Innovation urges Congress to turn temporary Commerce rules and steep tariffs into permanent law restricting Chinese connected vehicles.

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The Independent UK

Trump forced to clean up Howard Lutnick’s latest mess after secretary makes outlandish claim

The Commerce Secretary’s latest gaffe follows conflicting statements on data centers and his admission that he visited Jeffrey Epstein’s private island despite denying having ever done so

International Business Times UK

US Commerce Secretary Howard Lutnick Claims Data Centres 'Don't Use Water' Despite 66 Billion Litres Consumed in 2023

US Commerce Secretary Howard Lutnick claims data centres 'don't use water', contradicting federal research showing they consumed 66 billion litres in 2023.

Latin Times

How a Pasta Tariff Meant to Hit 92% Ended Up at Under 10%

Commerce quietly softened tariff penalties, starting with Italian pasta, as GOP strategists worry rising grocery prices could hurt them in November.

The Economic Times

US urges G20 countries to allow AI training on creators' work

The United States urged G20 nations to create rules for AI training on copyrighted works. Major American tech firms face lawsuits over using creator content for AI development. Commerce Secretary Howard Lutnick advocated for "fair use" principles to protect artists. The Justice Department supported OpenAI's use of copyrighted material for…

International Business Times

Lutnick Confirms Trump Admin Is Working On Tariffs On Key Industry For The AI Boom

"We will be successful in semiconductors. They're going to be built in America," Lutnick said.

The Economic Times

India is the world's best location to set up data centres: Piyush Goyal

In a pivotal meeting with data centre industry players, Commerce Minister Piyush Goyal focused on facilitating business operations. He underscored India's immense potential for data centres and the substantial investments pouring in. Amid global challenges, Goyal praised India's economic growth, firmly responding to criticism of GDP statistics by highlighting the…

The Economic Times

France targets Shein and Temu with fast fashion fees

The fees add to Shein's difficulties as the end of duty-free access for cheap ecommerce parcels in the European Union and the ⁠U.S. caused ‌the company'svaluation to plunge ahead of its stock market debut in Hong Kong on Tuesday. Shein's spokesperson in France, Quentin ⁠Ruffat, has previously said the fast-fashion…

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