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The Latest Breaking News from Commerce

Wall Street gets its Trump wake-up call

Analysis: Wall Street is freaking out about Trump’s trade war. But it was always in plain sight

The Independent UK

Howard Lutnick says he hopes Trump's tariffs will eliminate China's 'army of millions and millions of human beings screwing in little, little screws to make iPhones' so they can be built in America by robots

The Commerce Secretary said the U.S. government would “protect” companies that “invest in America.”

Fortune

'This Is Not What We Voted For': Bill Ackman Urges 90-Day Tariff Pause To Prevent Economic Crisis

Billionaire hedge fund investor Bill Ackman suggested that Trump consider a temporary break from the tariff strategy—a "90-day timeout"—to negotiate better trade deals to solve the "asymmetric tariff deals and induce trillions of dollars of new investment in our country."

International Business Times

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Commerce Secretary Ridiculed For Urging Americans To 'Trust Trump' Because He 'Knows What He's Doing': 'He Can't Even Run A Casino'

Howard Lutnick defended Trump amid stock market turmoil, urging Americans to "trust Trump" to handle the economy despite his history of business bankruptcies.

International Business Times

Commerce Secretary Ridiculed For Urging Americans to 'Trust Trump' Because He 'Knows What He's Doing': 'He Can't Even Run a Casino'

Howard Lutnick defended Trump amid stock market turmoil, urging Americans to "trust Trump" to handle the economy despite his history of business bankruptcies.

Latin Times

Commerce Secretary Lutnick Says Employment Will Start 'Leaping' Immediately After Trump's Tariffs

Commerce Secretary Howeard Lutnick Defended Donald Trump's tariffs, saying the people will start seeing positive impacts immediately

Latin Times

Fact check: Are Donald Trump's tariffs on the EU really reciprocal?

Economists tell Euronews Trump's rates are not in any way based on the tariffs imposed by the US' trading partners and therefore cannot be considered an equal measure.

Euronews

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‘A historic moment’: Donald Trump unveils sweeping ‘reciprocal’ tariffs

Experts say the tariffs are likely to transform the global trade relations, with some warning of a possible recession.

Al Jazeera

Analysts at Trump ally Howard Lutnick’s former firm call RFK Jr. ‘an anti-vax, conspiracy theorist with inadequate training’

RFK Jr. was reportedly behind the ouster of FDA’s top vaccine official and said last week that around 10,000 employees will be laid off at the Department of Health and Human Services.

Fortune

The one official Trump world is ready to blame if tariffs are a disaster

Lutnick has reportedly pushed for ‘more aggressive’ tariffs during talks

The Independent UK

Trump Admin Already Has Fall Guy Lined Up For 'Liberation Day' Economic Fallout: Report

Commerce Secretary Howard Lutnick could see himself ejected from the administration following "Liberation Day"

Latin Times

Squarespace vs GoDaddy: Two capable web builders go head to head

Creative workers need websites that balance aesthetics with functionality. Squarespace or GoDaddy — which is better?

Creative Bloq

US Expands Export Blacklist, Adds Over 50 Chinese Companies To Curb AI And Tech Advances

The Chinese embassy in Washington condemned the U.S. actions, calling them "politically motivated." The export restrictions come as tensions between Washington and Beijing escalate, with the Trump administration intensifying tariffs on China.

International Business Times

US Commerce Secretary: Prioritize Starlink in Rural Areas, Satellite Internet Over Broadband

The US Commerce Secretary has recently encouraged leaders to use Starlink's satellite internet in rural areas instead of broadband.

International Business Times

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Evening Standard

Harris discussed Irish surplus with US critic who got figure wrong – spokesman

Ireland’s deputy premier Simon Harris held a late-night call with US commerce secretary Howard Lutnick.

Barchart

Commerce Secretary Howard Lutnick Says You Should Buy Tesla Stock

Lutnick’s endorsement comes shortly after President Donald Trump praised Tesla cars.

Barchart

Will Tesla Stock Ever Be This Cheap Again? Trump’s Commerce Secretary Doesn’t Think So.

Tesla stock has sharply corrected in 2025, but a surprise endorsement from a top government official is reigniting bullish sentiment around Elon Musk’s EV juggernaut.

Fortune

Elaine Chao: ‘What you all want is certainty and you’re not going to get it’

Also: Tesla bulls turn on Elon, Europe’s busiest airport was closed by a huge fire.

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The Independent UK

Commerce secretary begs Fox News viewers to buy Tesla stock in bizarre interview

Secretary of commerce boasted that Elon Musk was ‘the best’ entrepreneur and technologist and encouraged people to buy Tesla stock while the price is low

Latin Times

Howard Lutnick Joins Growing List of Trump Allies Pushing Teslas: 'It's Unbelievable That Stock Is This Cheap'

Commerce Secretary Howard Lutnick took to Fox News to promote Tesla, urging voters to buy the car and the company's stock: "it'll never be this cheap again." He's not the only Trump ally to do so

Fortune

Commerce Secretary Lutnick reportedly told friends in private he's 'not thrilled' with Trump's whipsaw approach to tariffs

Howard Lutnick is reportedly worried Trump’s rhetoric could make it harder to strike a trade deal with Canada and Mexico.

Evening Standard

Reynolds to make case for UK steel industry on US visit

Jonathan Reynolds will seek to advance ‘pragmatic and positive’ discussions on trade as he meets White House counterparts.

The Independent UK

The economy was always Trump’s strength. Polls show it might be cracking

ANALYSIS: Analysis: Americans voted for Trump because they believed he would lower prices and the cost of living. New surveys show people are losing their faith that he’ll accomplish that

Reason

New Income Tax Proposal Is Progressive and Unworkable

Commerce Secretary Howard Lutnick says the Trump administration wants to eliminate income taxes for those making $150,000 or less—an unprecedented shift with major consequences.

Kiplinger

Trump’s Latest Pitch: No Taxes If You Earn Less Than $150K?

The Trump administration reportedly wants to eliminate taxes for certain earners.

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