Commerce Secretary Howard Lutnick is dismissing warnings that Trump’s trade policies will drive economic growth, as a BTC chill hits the markets.
· 1d · on MSN
Commerce Secretary Lutnick emphatically shoots down recession concerns – and reveals how Canada, Mexico can get tariffs lifted
Trump and His Commerce Secretary Differ Over Whether His Tariffs Will Spark a Recession
Commerce Secretary: "No Recession In America," Our Tariffs Will Compel Other Countries To Remove Their Own
Commerce Secretary Lutnick declared Sunday on NBC's "Meet The Press" that Trump's tariffs will "absolutely not" trigger a recession in the U.S. economy. "There's going to be no recession in America. What there's going to be is global tariffs are going to come down,
Trump's implemented and planned tariffs have rattled markets and raised recession concerns, while foreign companies consider moving manufacturing to U.S.
Are we headed for a recession? President Trump over the weekend did little to assuage concerns on the topic. Commerce Secretary Howard Lutnick had a different answer: “There
WASHINGTON (Reuters) - U.S. President Donald Trump will not let up his pressure on tariffs on Mexico, Canada and China related to their handling of fentanyl, U.S. Commerce Secretary Howard Lutnick said on Sunday.
A sell-off in the US stock market gathered steam on Monday, fuelled by rising concern about the cost of the trade war to the world's largest economy. The S&P 500, which tracks the biggest American companies, fell about 2% in early trade, while the Dow Jones dropped 0.9% and the Nasdaq sank more than 3.5%.
US President Donald Trump remains noncommittal about a potential recession in 2025. Despite reassurances from Trump and Commerce Secretary Howard Lutn
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