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The Latest Breaking News from Commerce

Commerce Secretary Howard Lutnick says tariff exemption on electronic devices is temporary and semiconductor duties will come in ‘a month or two’

Lutnick referred to the new tariffs as “duties on semiconductors,” but they will span across other tech imports.

Fortune

US Commerce Secretary says tariff exemptions on electronics and pharmaceuticals are temporary

The Trump administration late on Friday said it would exclude electronics like smartphones and laptops from reciprocal tariffs, a move US Secretary of Commerce Howard Lutnick said would not be permanent.

Euronews

Howard Lutnick says tariffs on smartphones ‘coming soon’ after Apple gets China reprieve

Howard Lutnick says tech exemptions will end within two months after investors celebrate tariff relief

The Independent UK

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EU-US negotiations ‘likely’ – Simon Harris

Ireland’s deputy premier met with US commerce secretary Howard Lutnick in Washington DC on Wednesday.

Evening Standard

Art Of The Deal? How Trump Backed Down On Tariffs

It ended not with a bang, but with US President Donald Trump and two top aides writing a social media post.

International Business Times

Milton Friedman's Warning to DOGE

The Nobel Prize-winning economist says the Iron Triangle of Politics must be defeated to cut down the government for good.

Reason

Penguins, vaccines: Can negotiations save Trump’s oddest tariff targets?

Barely inhabited islands, countries the US enjoys a trade surplus with, and a tariff formula that isn’t about tariffs.

Al Jazeera

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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

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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Al Jazeera

‘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.

Fortune

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.

The Independent UK

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

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

Latin Times

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"

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Creative Bloq

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?

International Business Times

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.

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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