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The Latest Breaking News from Commerce

‘This game of chicken has to stop’

Also: Buffett and Bessent disagree on tariffs, Chipotle CEO will try not to increase prices after tariffs.

Fortune

President Trump Supports Ukrainian President Zelensky Amid Political Tensions

President Trump supports Ukrainian President Zelensky and prioritizes peace and diplomacy in the region, as confirmed by Secretary of Commerce Howard Lutnick.

Top News

Government Spending And GDP Separation Proposal Sparks Economic Debate

Commerce Secretary proposes separating government spending from GDP reports for enhanced economic measurement and stability.

Top News

From analysis to the latest developments in health,
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Commerce Secretary Lutnick Pushes For 'Transparent' GDP Calculation By Removing Government Spending

Howard Lutnick's remarks came in response to concerns over whether the spending cuts advocated by Elon Musk's Department of Government Efficiency (DOGE) might lead to a recession.

International Business Times

Trump is still mulling over new Canada and Mexico tariffs with deadline looming, Howard Lutnick says

Secretary Lutnick hedged his bets about the economic sanctions being leveled against Canada and Mexico from tomorrow—and refused to rule out a 25% import duty.

Fortune

The Trump administration may exclude government spending from GDP, obscuring the impact of DOGE cuts

Commerce Secretary Howard Lutnick says he could take government spending out of his agency's reports on gross domestic product

The Independent UK

Trump’s Commerce Secretary claims 250K are already waiting for gold cards - but there is nowhere to sign-up

Gold card program would begin in roughly two weeks

The Independent UK

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Trump to impose tariffs on Mexico, Canada

US President Donald Trump said on Wednesday at his first Cabinet meeting that the drop in illegal border crossings into the United States since he took office is "not stopping. Read further on Dynamite News:

Dynamite News

Trump’s ‘gold’ visa: Who qualifies, what it costs and why it’s divisive

Foreigners will soon be able to buy US residency – and a pathway to citizenship – for about $5m, Trump says.

Al Jazeera

Trump Announces $5M Gold Card – How To Buy US Citizenship Through The New Immigration Scheme

President Trump has announced a new immigration program with a direct pathway to becoming an American citizen, but it's only for "high-level" people with funds available to purchase what he called the "Gold Card."

International Business Times

NZ Minister quits after 'animated' incident with staff

New Zealand Prime Minister Chris Luxon has accepted the resignation of his commerce minister, who touched a staff member during a heated discussion.

AAP

Howard Lutnick Sworn In As Commerce Secretary By VP Vance

Howard Lutnick takes office as Commerce Secretary, focusing on budget balance and economic growth.

Top News

President Trump's Busy Schedule For Friday Revealed

President Trump's Friday schedule includes key events like speaking at the Governors Working Session, lunch with Vice President JD Vance, swearing in Comme...

Top News

Cruise Stocks Sink After Trump Official Says They'll Be Forced To Pay US Taxes

The international cruise industry took a hit Thursday after new Secretary of Commerce Howard Lutnick announced that cruise lines should start paying U.S. taxes.

International Business Times

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Latin Times

Trump Wants to 'Abolish the IRS,' New Commerce Secretary Says

Commerce Secretary Howard Lutnick revealed another one of the Trump administration's controversial goals: abolishing the Internal Revenue Service (IRS).

Top News

Senate Confirms Howard Lutnick As Commerce Secretary

Howard Lutnick confirmed as commerce secretary supporting Trump's tariffs. Will oversee Commerce Department operations and work on implementing aggressive ...

Top News

Senate Confirms Howard Lutnick As Secretary Of Commerce

Howard Lutnick confirmed as Secretary of Commerce, tasked with overseeing economic activities and promoting American businesses and trade. Senate confirms ...

International Business Times

Senate Confirms Wall Street Billionaire Howard Lutnick As Commerce Secretary

Lutnick's role will be crucial in overseeing President Trump's economic agenda.

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Fortune

Elon Musk called Donald Trump about claims he was a puppet president, saying: 'They're trying to drive us apart'

Elon Musk called the president to address speculation that he was the real power in the White House—but Trump remains unfazed.

Barchart

S&P Futures Tread Water With U.S. Retail Sales Data in Focus

March S&P 500 E-Mini futures (ESH25) are trending down -0.04% this morning as investors awaited a raft of U.S. economic data, with a particular focus on the retail sales report.

Barchart

S&P Futures Tick Lower With U.S. Retail Sales Data in Focus

March S&P 500 E-Mini futures (ESH25) are trending down -0.15% this morning, taking a breather at the end of a turbulent week, while investors await a raft of U.S. economic data, with a particular focus on the retail sales report.

Barchart

Stocks Rally as Inflation Fears Recede and Tariffs Delayed

The S&P 500 Index ($SPX ) (SPY ) Thursday closed up +1.04%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.77%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.43%. March E-mini S&P futures (ESH25 ) rose by +0.99%, and March E-mini Nasdaq futures...

Barchart

Dollar Declines on Euro Strength and Falling Bond Yields

The dollar index (DXY00 ) Thursday fell to a 2-week low and finished down by -0.60%. Strength in the euro weighed on the dollar after EUR/USD rallied to a 2-week high on hopes that US-Russian talks could lead to the end of the war in Ukraine. Also, lower T-note yields...

Top News

Trump Delays Reciprocal Tariffs Announcement, Plans Further Study

White House trade adviser Peter Navarro announces a comprehensive evaluation process for reciprocal tariffs on US trading partners.

Al Jazeera

Why does Trump want a US sovereign wealth fund?

Trump has demanded a plan to create a sovereign wealth fund to invest in global assets – ‘perhaps with TikTok’, he said.

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