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The Latest Breaking News from Howard Lutnick

US Cuts South Korean Auto Tariffs To 15% In Response To Strategic Investment Legislation

U.S. Commerce Secretary Howard Lutnick has confirmed a substantial cut in the general tariff rate on imports from South Korea, including automobiles, to 15%.

Benzinga

Howard Lutnick Says Trump Administration Chip R&D Partnership With Former Intel CEO Pat Gelsinger's Startup Can 'Fundamentally Rewrite The Limits'

On Monday, the Donald Trump administration said it has signed a preliminary, nonbinding agreement to take an equity stake in xLight.

Benzinga

European parliament calls for social media ban on under-16s

MEPs pass resolution to help parents tackle growing dangers of addictive internet platforms

The Guardian - UK

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EU must ‘stand by the promises made’ on digital rules, Vestager tells Euronews

In an interview with Euronews' flagship morning show Europe Today, the former digital czar Vestager urged the EU to stand firm on its digital rules as the US pushes for softer enforcement in exchange for tariff relief. "Defending rules vital for single market and European consumers."

Euronews

US to cut steel tariffs only if EU agrees to soften digital rules enforcement in return

The US pushes for softer digital rules enforcement in exchange for tariff relief to the Europeans after Brussels meeting with Greer and Lutnick.

Euronews

US Economy Set To Grow In 2026 — But A New Survey Warns Of Weak Jobs, Sticky Inflation And Hidden Risks Ahead

The U.S. economy is projected to grow modestly in 2026, though job creation is expected to stay weak, according to a new NABE survey.

Benzinga

High-stakes showdown looms as US and EU trade member states meet

US officials and EU ministers are meeting in Brussels on Monday for what is expected to be a "frank" discussion about the two sides' fraught trade deal.

Euronews

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Howard Lutnick Says Trump Could Deliver '6% GDP Growth,' Touts $3 Trillion A Year Investments: 'Factories Are Coming Home...'

Commerce Secretary Howard Lutnick said the U.S. economy is positioned for rapid expansion under President Donald Trump, citing a historic wave of manufacturing construction and tariff-driven capital investment that he argued will reshape the country's economic trajectory.

Benzinga

EU and US to restart trade talks as sticking points on July tariff deal remain

US officials to hold high-level talks in Brussels amid unhappiness in Washington at slow action on July deal

The Guardian - UK

Trump's all-in-one tariffs try to fund everything, fix everything

Trump is relying on tariff revenue to fund big promises and broad agendas.

Axios

Trump, who slapped an extra $100,000 on the H-1B visa, now says there aren’t enough talented people in the U.S. to fill jobs

The president argued U.S. companies need specialized labor from foreign workers and can’t “take people off an unemployment line who haven't worked in five years.”

Fortune

Businesses worldwide brace for extra Trump tariffs on steel imports

Commerce department expected to add about 700 more items with steel content to levy list at request of US firms

The Guardian - UK

Democrats blast Trump’s decision to export US-made guns, saying they can wind up in hands of terrorists

Opposition slams administration for removing restrictions on firearms exports, calling move ‘a gift to violent cartels and drug traffickers’

The Independent UK

Nuclear Stocks Boom On Cameco's Deal With Trump Administration

Nuclear energy stocks rallied sharply on Tuesday as investors responded to news that Cameco Corp. (NYSE:CCJ) secured a major contract with the U.S. government to build new nuclear reactors.

Benzinga

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Benzinga

Brookfield And Cameco Join US In $80 Billion Nuclear Push

Westinghouse Electric Company, Cameco Corporation (NYSE:CCJ), and Brookfield Asset Management (NYSE:BAM) stocks are trading higher premarket after the companies entered into a strategic partnership with the U.S. government to accelerate the construction of new nuclear reactors nationwide.

Fortune

Rachel Reeves says the U.K. has been successful with Trump 2.0 because it shares the same concerns about global imbalances

The chancellor of the Exchequer said: “I think relationships are important—whatever business you’re in, whether it’s business or politics—and it’s really important on the international stage.”

The Independent UK

Linda McMahon’s attempt to be Trump’s chief of staff was thwarted by orchestrated JD Vance phone call, new book claims

Susie Wiles, who helped lead Trump’s successful 2016 and 2024 presidential campaigns, was ultimately chosen to be White House chief of staff

The Guardian - US

New book details infighting behind Trump’s ‘obviously unqualified’ cabinet picks

Retribution, by Jonathan Karl, describes backroom squabbling over Kristi Noem and Sean Duffy appointments

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Axios

Trump's Rx for confusion: How a push for tariffs complicated his pharma plan

The president's road to settling on a plan to lower prescription drug costs was rocky.

Benzinga

Nvidia Gains As US Greenlights Major AI Deal With UAE

Nvidia (NASDAQ:NVDA) stock gained on Thursday after Washington approved billions of dollars in Nvidia chip exports to the United Arab Emirates (U.A.E.).

The Independent UK

Eric Trump leads MAGA calls for president to win Nobel Peace Prize after ‘historic’ Gaza peace deal

Donald Trump has long lobbied for the accolade and could be closer than ever to getting it

Benzinga

White House Hails Trump As 'The Peace President' After Israel-Hamas Breakthrough, Fuels Push For Nobel Peace Prize Ahead Of Friday's Announcement

On Wednesday, the White House celebrated Donald Trump's announcement of a historic Israel-Hamas peace agreement — calling him "The Peace President" — as momentum builds for the president to receive the 2025 Nobel Peace Prize.

Evening Standard

Watch: Emotional moment Donald Trump tells Israeli hostage families their loved ones are coming home

The US president announced that Israel and Hamas will begin releasing hostages and prisoners, with Sir Keir Starmer calling it a ‘moment of profound relief felt around the world’

Benzinga

Trump Administration Now Holds Stakes In 5 Public Companies: Here's A List—INTC, MP, LAC And More

In a significant shift in U.S. industrial policy, the Donald Trump administration has acquired direct ownership stakes in five major publicly traded companies. This series of interventions, framed as a national security strategy, marks a new era of government involvement in key industries to secure domestic supply chains for semiconductors,…

Benzinga

Taiwan Rejects 50–50' Chip Production Demand, Ming-Chi Kuo Explains Real Bottleneck Lies In America's Labor And Regulation, Not TSMC

Earlier this month, Taiwan firmly rejected the Donald Trump administration's proposal for an even split in semiconductor production between the U.S. and Taiwan.

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