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The Latest Breaking News from Howard Lutnick

Trump ally and Mandelson laugh as Starmer references VE Day in US-UK trade deal announcement

Donald Trump’s commerce secretary Howard Lutnick and Peter Mandelson laughed as Sir Keir Starmer celebrated a UK-US trade deal coinciding with Victory in Europe Day’s (VE Day) 80th anniversary on Thursday, 8 May.

The Independent UK

U.S. visitors are already being asked if they have applied for a ‘Trump Card Visa’ on immigration forms

Visa would allow wealthy people to buy residency in U.S., but how it would work remains unclear

The Independent UK

Stocks fall as Trump administration waffles on trade deals

Trump downplayed progress on Tuesday as investors await the Federal Reserve.

Fortune

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Trump Proclaims U.S. Doesn't Need Anything 'Other Than Friendship' From Canada Ahead of Meeting With New Prime Minister

President Donald Trump said the U.S. doesn't need anything "other than friendship" from Canada as he gets ready to welcome Prime Minister Mark Carney at the White House

Latin Times

Trump Admin Official Criticizes Canada's 'Socialist Regime' Ahead of New Prime Minister's White House Meeting

Commerce Secretary Howard Lutnick called the Canadian government a "socialist regime" ahead of the meeting between Donald Trump and Prime Minister Mark Carney

Latin Times

Trump announces 100% tariffs on movies ‘produced in foreign lands’

President calls films ‘national security threat’ and claims he called on commerce department to immediately enact tariff

The Guardian - US

Commerce Secretary Howard Lutnick says Trump’s tariffs will create ‘great jobs of the future’—fixing factory robots. Experts disagree

The plan to resurrect the industrial boom of the early 20th century has long odds of succeeding, Rutgers professor Eric Blanc said.

Fortune

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U.S. Secretary of Commerce says the ‘new model’ is factory jobs for life—for you, your kids, and your grandkids

“This is the new model, where you work in these plants for the rest of your life, and your kids work here, and your grandkids work here,” U.S. Secretary of Commerce Howard Lutnick says.

Fortune

Lutnick: 'I have a deal done, done, done, done' as China, Japan and India warm to trade talks

Green shoots are at last appearing in trade negotiations between the U.S. and major economic partners, after a frosty reception showed no signs of quick deals.

Fortune

Lutnick says someone asked him for 10 Trump immigration cards: ‘That’s $50m for dinner. So it’s paying for my dinner’

Commerce secretary says sales of gold cards make him ‘very popular’

The Independent UK

TSMC starts construction its 1.6nm and 2nm-capable U.S. fab: Fab 21 phase 3

TSMC breaks ground for its third Fab 21 module in the U.S., which will produce chips on A16 and N2 process technologies towards the end of the decade.

Tom’s Hardware

You Will Work in the Factory and You Will Like It

Plus: Amazon vs. Trump, RFK Jr. gets in trouble, and more...

Reason

TSMC committed to Arizona chip plant ahead of potential tariff impact

With its first plant in full swing and its second now scaling up production, TSMC starts work on its third US chip plant.

TechRadar

Commerce Secretary says US is close to first tariff deal, days after Trump bragged he already had 200 deals

Commerce Secretarty Howard Lutnick says he has a deal done but won’t name the country

The Independent UK

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The Guardian - AU

Donald Trump says he ‘will be talking’ to Australia’s prime minister about tariffs

US president indicated he was aware Anthony Albanese has been pushing for an exemption to trade barriers

Fortune

Markets swing upward as White House signals trade deals, auto tariffs reprieve

Despite the recent rebound, President Trump's first 100 days in office have been marked by extreme volatility.

The Independent UK

Brazilian meat company and a mysterious family trust among the top donors to Trump’s $239m inauguration

More than a dozen donors who gave at least $1 million to Trump’s inauguration also donated to the Biden inaugural committee

Salon

Lutnick's "5-star rating" for conflicts

“Our system was never designed for this level of conflict issues,” ethic watchdogs say

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The Independent UK

Here’s what stopped Trump in his quest to oust Fed chair Jerome Powell

The Trump administration has also signaled its trade war with China may be letting up soon

The Independent UK

Elon Musk and Scott Bessent had a ‘very loud’ shouting match in the West Wing: ‘two billionaire, middle-aged men thinking it was WWE’

The two billionaires have a testy relationship dating back to the post-election transition period

Fortune

Cantor Fitzgerald partners with Tether, Bitfinex and SoftBank to launch Bitcoin acquisition company

Twenty One Capital plans to launch publicly with 42,000 Bitcoins.

Tom’s Guide

The Trump administration wants Apple to build iPhones in the U.S. — here's why that will be hard to pull off

Trump administration officials are talking about the prospect of bringing tech manufacturing from overseas to the U.S. The iPhone is a good example of why that would be hard to pull off.

Laptop

Did Tim Cook orchestrate Apple’s tariff break? What we know

A call from Tim Cook to Trump's people might have saved Apple billions of dollars.

Euronews

The silence between von der Leyen and Trump looms large over trade talks

Despite the European Commission holding exclusive competence on trade policy, Donald Trump has not spoken with its president, Ursula von der Leyen, since he returned to the White House.

The Independent UK

Fishers celebrate Trump's seafood order while conservation groups fear overfishing

President Donald Trump’s executive order to boost the U.S. commercial fishing industry drew praise from commercial fishing groups and condemnation from environmental organizations

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