The Latest Breaking News from Commerce

Billionaire investor Mark Cuban blasted a Commerce Department plan under discussion to charge patent holders a percentage of their patent value, calling it "one of the dumbest ideas in the history of business."

September arabica coffee (KCU25 ) on Wednesday closed down -3.10 (-1.05%), and September ICE robusta coffee (RMU25 ) closed up +66 (+1.97%). Coffee prices settled mixed on Wednesday, with robusta coffee climbing to a 2-week high. Arabica coffee was under pressure for a second day Wednesday after Commerce Secretary Lutnick...

The Trump administration is contemplating a significant revamp of the U.S. patent system, which could potentially generate tens of billions of dollars in revenue. 

On Sunday, Commerce Secretary Howard Lutnick said the U.S. will announce the results of its semiconductor import probe in two weeks.

The U.S. Commerce Secretary Howard Lutnick has disclosed that American auto CEOs are in favor of President Donald Trump’s new trade deal with Japan.

Commerce Secretary Howard Lutnick says tariffs will plug US finances, but experts say it’s unlikely.

"We are moving with urgency to make this vision a reality."

Tariffs as high as 40 percent on U.S. trading partners could take effect on August 1

On Sunday, Howard Lutnick, the Commerce Secretary, stated that August 1 is the “hard deadline” for countries to begin paying tariffs to the United States.