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The Latest Breaking News from Howard Lutnick

Yes, Tariffs Are Raising Prices

And if Trump moves ahead with his threatened August 1 tariff hikes, prices will climb even more.

Reason

Trump Administration Weighs 'Paradigm Shift' In Patent System To Raise Billions In Revenue: Report

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.

Benzinga

US Holds Back Tech Export Crackdown To Support Trump-Xi Talks

The United States has temporarily halted restrictions on technology exports to China, according to a Monday report from the Financial Times. This pause is intended to prevent disruptions to ongoing trade discussions with Beijing and to bolster President Donald Trump’s push for a meeting with Chinese President Xi Jinping later…

Benzinga

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US government announces that its investigation into chip imports will have results within two weeks, potentially paving the way for a raft of new tariffs on all things silicon

I need your clothes, your boots, your motorcycle, and more of your money. Please.

PC Gamer

Howard Lutnick Says Chip Import Probe Results Due In 2 Weeks As Trump Threatens New Tariffs To Force US Manufacturing Boom

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

Benzinga

Bitcoin, Ethereum, Dogecoin Climb On Trump-EU Trade Pact — Analyst Says This 'Risk-Off' Signal Could Be Critical As BTC Drives Entire Crypto Market

Major cryptocurrencies posted gains on Sunday evening as markets reacted positively to the Donald Trump administration’s landmark trade agreement with the European Union, with analysts attributing the improved risk sentiment to driving momentum in digital assets.

Benzinga

TACO not on the menu: Howard Lutnick says tariffs start August 1 with no extensions

The president is in Scotland, where he plans to discuss trade with the EU Commission chief

The Independent UK

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Trump and von der Leyen announce US-EU trade deal

Agreement includes 15% baseline tariff for most EU exports to US after deal reached at Scotland crunch talks

The Guardian - UK

This robot system by TikTok parent ByteDance can fold clothes and clear your table thanks to AI

The TikTok parent company has been advancing its AI development.

Euronews

Trump's Tariffs and Japan Deal Could Encourage Toyota To Move Manufacturing Jobs Out of America

Trump believes he can deploy tariffs without tradeoffs or distortions. In reality, each new tariff move creates both.

Reason

Commerce Secretary Howard Lutnick Dismisses 'Silly' Concerns Of US Automakers Over Japan Trade Deal, Says They're 'Cool' With It

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.

Benzinga

Howard Lutnick Says TikTok Is 'Going Dark' Unless Beijing Agrees To Hand It Over: 'Can't Have Chinese Control…On 100 Million American Phones'

On Thursday, U.S. Commerce Secretary Howard Lutnick said that TikTok will be banned unless China allows American ownership and control of the platform's algorithm and technology.

Benzinga

Fact check: Could Trump’s trade tariffs pay off the US deficit?

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

Al Jazeera

Australia Lifts Trade Barriers On US Beef

Australia said Thursday it would lift trade barriers on beef from the United States, removing a major point of friction between Canberra and the Trump administration.

International Business Times

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The Independent UK

Wealthy families could consider Trump’s gold cards over fears about birthright citizenship

Some experts say it’s unclear whether the Gold Card program will actually take off

The Guardian - US

Court blocks Trump’s ‘unconstitutional’ attempt to end birthright citizenship – as it happened

The 2-1 ruling from the ninth US circuit court of appeals brings issue one step closer to coming back before supreme court. This blog is now closed.

Benzinga

Howard Lutnick Says Trump's August 1 Tariff 'Hard Deadline' Is Final — Smaller Nations Face 10% Base Rate

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.

Benzinga

Is Washington Handing China A Win With Nvidia Sales?

Nvidia (NASDAQ:NVDA) stock is taking a hit Friday as a U.S. government decision to permit the chip giant to resume sales of its H20 AI chips to China faces strong opposition from House Select Committee on China Chairman John Moolenaar.

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news in one place.

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PC Gamer

The US squeezed Nvidia's AI chip export deal with China into negotiations over important rare earth elements, bizarrely claiming 'we put that in the trade deal with the magnets'

Ah, it's "leaving important bits out" day.

International Business Times UK

Howard Lutnick's Political Ties May Have Swayed Nvidia's AI Chip Sales to China — Report Claims

Howard Lutnick's political ties may have influenced Nvidia's AI chip sales to China, according to a report. Following a US-China détente, Nvidia resumed H20 chip shipments, reversing an earlier ban that caused a $4.5 billion writedown.

Benzinga

Cantor Equity Partners I (CEPO) Soars On Potential Bitcoin Deal With Satoshi Nakamoto-Linked Adam Back

Shares of special purpose acquisition company Cantor Equity Partners I Inc (NASDAQ:CEPO) surged into the close on Tuesday following a report that the company is nearing a deal to invest billions in Bitcoin (CRYPTO: BTC).

Benzinga

How 27-Year-Old And Bitcoin Pioneer Quietly Assemble $10 Billion Crypto Arsenal

In a deal that could mark one of the largest corporate purchases of Bitcoin (CRYPTO: BTC) to date, Cantor Equity Partners I Inc (NASDAQ:CEPO) is in advanced talks to acquire more than $3 billion worth of Bitcoin from Blockstream Capital's Adam Back.

The Independent UK

Tomatoes are set to jump in price as Trump slaps a 17% tariff on the grocery staple

‘I give it three months, and then we go bankrupt,’ says one Californian restaurant owner

International Business Times

EU Threatens US Planes And Whiskey While Pressing For Deal

Brussels plans to target US goods including planes, cars and whiskey if trade talks with Washington fail, according to a list seen by AFP on Tuesday, as the bloc renewed its push for a deal.

Al Jazeera

Trump slaps 17 percent tariff on tomatoes from Mexico

US Commerce Secretary Howard Lutnick says US farmers have been ‘crushed’ by unfair trade practices.

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