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The Latest Breaking News from Commerce

‘A historic moment’: Donald Trump unveils sweeping ‘reciprocal’ tariffs

Experts say the tariffs are likely to transform the global trade relations, with some warning of a possible recession.

Al Jazeera

Analysts at Trump ally Howard Lutnick’s former firm call RFK Jr. ‘an anti-vax, conspiracy theorist with inadequate training’

RFK Jr. was reportedly behind the ouster of FDA’s top vaccine official and said last week that around 10,000 employees will be laid off at the Department of Health and Human Services.

Fortune

The one official Trump world is ready to blame if tariffs are a disaster

Lutnick has reportedly pushed for ‘more aggressive’ tariffs during talks

The Independent UK

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Trump Admin Already Has Fall Guy Lined Up For 'Liberation Day' Economic Fallout: Report

Commerce Secretary Howard Lutnick could see himself ejected from the administration following "Liberation Day"

Latin Times

Squarespace vs GoDaddy: Two capable web builders go head to head

Creative workers need websites that balance aesthetics with functionality. Squarespace or GoDaddy — which is better?

Creative Bloq

US Expands Export Blacklist, Adds Over 50 Chinese Companies To Curb AI And Tech Advances

The Chinese embassy in Washington condemned the U.S. actions, calling them "politically motivated." The export restrictions come as tensions between Washington and Beijing escalate, with the Trump administration intensifying tariffs on China.

International Business Times

US Commerce Secretary: Prioritize Starlink in Rural Areas, Satellite Internet Over Broadband

The US Commerce Secretary has recently encouraged leaders to use Starlink's satellite internet in rural areas instead of broadband.

International Business Times

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Harris discussed Irish surplus with US critic who got figure wrong – spokesman

Ireland’s deputy premier Simon Harris held a late-night call with US commerce secretary Howard Lutnick.

Evening Standard

Commerce Secretary Howard Lutnick Says You Should Buy Tesla Stock

Lutnick’s endorsement comes shortly after President Donald Trump praised Tesla cars.

Barchart

Will Tesla Stock Ever Be This Cheap Again? Trump’s Commerce Secretary Doesn’t Think So.

Tesla stock has sharply corrected in 2025, but a surprise endorsement from a top government official is reigniting bullish sentiment around Elon Musk’s EV juggernaut.

Barchart

Elaine Chao: ‘What you all want is certainty and you’re not going to get it’

Also: Tesla bulls turn on Elon, Europe’s busiest airport was closed by a huge fire.

Fortune

Commerce secretary begs Fox News viewers to buy Tesla stock in bizarre interview

Secretary of commerce boasted that Elon Musk was ‘the best’ entrepreneur and technologist and encouraged people to buy Tesla stock while the price is low

The Independent UK

Howard Lutnick Joins Growing List of Trump Allies Pushing Teslas: 'It's Unbelievable That Stock Is This Cheap'

Commerce Secretary Howard Lutnick took to Fox News to promote Tesla, urging voters to buy the car and the company's stock: "it'll never be this cheap again." He's not the only Trump ally to do so

Latin Times

Commerce Secretary Lutnick reportedly told friends in private he's 'not thrilled' with Trump's whipsaw approach to tariffs

Howard Lutnick is reportedly worried Trump’s rhetoric could make it harder to strike a trade deal with Canada and Mexico.

Fortune

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Evening Standard

Reynolds to make case for UK steel industry on US visit

Jonathan Reynolds will seek to advance ‘pragmatic and positive’ discussions on trade as he meets White House counterparts.

The Independent UK

The economy was always Trump’s strength. Polls show it might be cracking

ANALYSIS: Analysis: Americans voted for Trump because they believed he would lower prices and the cost of living. New surveys show people are losing their faith that he’ll accomplish that

Reason

New Income Tax Proposal Is Progressive and Unworkable

Commerce Secretary Howard Lutnick says the Trump administration wants to eliminate income taxes for those making $150,000 or less—an unprecedented shift with major consequences.

Kiplinger

Trump’s Latest Pitch: No Taxes If You Earn Less Than $150K?

The Trump administration reportedly wants to eliminate taxes for certain earners.

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The Independent UK

Trump to ‘deal with’ TikTok ahead of April deadline, Commerce Secretary vows

ByteDance has until April 5 to either divest from TikTok or see its platform banned from American app stores. It’s hazy if Trump will extend the deadline

The Independent UK

Dollar General CEO makes grim admission amid Trump’s trade war

The CEO of Dollar General has admitted that the chain is “not anticipating improvement” for core customers in 2025, amid President Donald Trump’s ongoing foreign trade wars.

Fortune

Commerce Secretary Howard Lutnick blasts Canada for ‘tone deaf’ tariff response and praises the UK and Mexico for not retaliating

Lutnick also criticized Canada because it contributes less to NATO than the U.S.

The Independent UK

Trump’s commerce secretary desperately spins dire economic forecast on Fox: ‘It’s not that bad!’

‘I've watched your show all along, I don't remember you saying, 'Oh my God!' No, come on! America is awesome!’ Howard Lutnick told Maria Bartiromo on Friday

The Texas Tribune

Two Texans in Congress defend CHIPS Act in the face of Trump’s criticism

Although the president has said he wants to “get rid of” the act, Rep. Michael McCaul and Sen. John Cornyn say it supports jobs and national security.

The Independent UK

Tariffs are ‘worth it’ even if they cause a recession, claims Commerce secretary

Howard Lutnick hails Trump’s tariffs as revenue generators. What he failed to mention is that American consumers pay the extra revenue

Latin Times

Ontario Premier Walks Back 25% Electricity Hike For U.S. Exports After Trump's Revenge Tariffs

Ontario Premier Doug Ford said he will suspend its 25% surcharge on electricity exports to three U.S. states after having a conversation with Commerce Secretary Howard Lutnick

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