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The Latest Breaking News from Howard Lutnick

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

US stock markets expected to recover after Trump drops tariffs on mobiles

Exemption, seen as a climbdown, includes laptops and chips, and is likely to help firms such as Apple and Nvidia

The Guardian - UK

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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Trump, Lutnick and the Shark: key players in the US-Australia tariff tussle

The 10% US levy imposed on Australian imports remains but with whom are we to negotiate? Here are our potential interlocutors and those going in to bat for us

The Guardian - AU

White House refuses to provide list of countries it claims reached out with tariff deal

‘They all want to negotiate. The only problem is ... you can only do so many at one time,’ president says

The Independent UK

Trump wants iPhones to be made in the US. It's unlikely Apple will leave China despite his tariffs

Donald Trump is hoping Apple will return to the US to make its flagship products. Even with tariffs in place, there's little incentive for the tech giant to leave China.

Euronews

Inside Trump’s Oval Office as he called senators during Fox News breaks and world leaders begged to end his tariff plan

The president said he was acting ‘instinctively’ after announcing the surprise 180 on Wednesday. However multiple sources said that the build up to the decision was drawn out over a number of days

The Independent UK

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Apple has few incentives to start making iPhones in U.S., despite Trump's trade war with China

President Donald Trump’s administration has been predicting its barrage of tariffs targeting China will push Apple into manufacturing the iPhone in the U

The Independent UK

Search for new markets for Irish goods ‘must go on’, says deputy premier Harris

Ireland’s premier and deputy premier have welcomed a pause on higher tariffs from both the US and EU sides.

The Independent UK

AOC and Warren demand answers on ‘insider trading’ allegations after Trump’s tariff U-turn sparks stock surge

“Americans need to know whether President Trump or anyone in his administration manipulated the market to benefit their donors,” said Sen. Elizabeth Warren.

Fortune

Irish premier welcomes EU pause on US tariff countermeasures

Taoiseach Micheal Martin said ‘we’re not out of the woods yet’.

Evening Standard

Ron Wyden says the U.S. economy 'has gone from the envy of the world to a laughingstock in less time than it took to finish March Madness'

The senator laments how Trump and his advisors refuse to give a straight answer about the end-goal of tariffs.

Fortune

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

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Fortune

Jamie Dimon eyes a ‘likely’ recession, unless the Trump administration turns tariffs into trade deals: ‘That’s the best thing they can do’

Dimon, CEO of JPMorgan Chase, is one of the most respected figures in corporate America.

The Guardian - US

White House insists iPhones will be US-made – but Apple calls it a non-starter

Experts doubt Trump line that tariffs and company’s $500bn investment will shift manufacturing from Asia

Salon

Trump's tariff message gets muddled

While the billionaires in Trump's orbit may have different visions, they all want the same thing

International Business Times

How The EU Is Responding To Trump's Trade Assault

Hit by three waves of painful US tariffs since President Donald Trump returned to office, the European Union's response has been a high-wire act, balancing calibrated retaliation with a push for negotiations to avert an all-out trade war.

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Euronews

Who's who in the EU-US trade war?

From Commissioner Maroš Šefčovič to influential advisor Peter Navarro, Euronews breaks down the main characters in the EU-US trade war.

The Independent UK

Ireland’s deputy premier Harris to meet commerce secretary Lutnick in US

Ireland’s deputy premier Simon Harris will meet US commerce secretary Howard Lutnick, a key critic of the Irish Government’s fiscal policies.

The Independent UK

Fox Business mocks Peter Navarro’s ‘reciprocal trade-girl math’ and urges Trump to sideline him

‘The quicker that they get him off of TV and away from numbers, the better,” Dagen McDowell declared this week

Fortune

Trump advisors argue steep tariffs on countries like Vietnam and Cambodia are needed to erase trade deficits and rework supply chains. The economics say that’s going to be a long shot

Despite promises made by Southeast Asia governments, consumers in the region may not be able to afford American-made products.

Al Jazeera

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.

Evening Standard

PenguinsAgainstTrump: Tariffs on remote island spark online movement

PenguinsAgainstTrump has trended online after last week’s tariff announcement.

The Independent UK

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

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