The U.S. could further tighten chip export controls, escalating the U.S.-China tech war, Jefferies analysts said in a research note. Secretary of State Marco Rubio and Secretary of Commerce Howard Lutnick,
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Commerce Secretary Howard Lutnick has confirmed that new tariffs on Mexico and Canada are set to take effect at midnight Eastern Time tonight. The tariffs include a 10% hike on Chinese imports, adding to last month’s increase.
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Trump will not ease up on fentanyl-related tariffs, US commerce secretary says
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Trump scales back tariff orders: Here is the latest tariff news, explained
Trump won't predict whether recession could result from his tariff moves
President Donald Trump declined to predict whether the U.S. could face a recession amid stock market concerns about his tariff actions on Mexico, Canada and China over fentanyl.
Trump administration Commerce Secretary Howard Lutnick swatted away any notion the president's tariffs on China, Canada, and Mexico could exacerbate inflation on U.S. consumers in a CNBC "Squawk Box" interview with Joe Kernen — accusing anyone expressing this criticism of "whining and complaining.
Trump, looking to thwart what his advisers see as a move by China to dominate the global copper market, signed an order directing Commerce Secretary Howard Lutnick to start a new national security probe under Section 232 of the Trade Expansion Act of 1962,
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