Commerce Secretary Howard Lutnick is dismissing warnings that Trump’s trade policies will drive economic growth, as a BTC chill hits the markets.
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