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The Latest Breaking News from Howard Lutnick

Trump advisors argue steep tariffs on countries like Vietnam and Cambodia are needed to erase trade deficits and rework supply chains. The economics say that’s going to be a long shot

Despite promises made by Southeast Asia governments, consumers in the region may not be able to afford American-made products.

Fortune

Penguins, vaccines: Can negotiations save Trump’s oddest tariff targets?

Barely inhabited islands, countries the US enjoys a trade surplus with, and a tariff formula that isn’t about tariffs.

Al Jazeera

PenguinsAgainstTrump: Tariffs on remote island spark online movement

PenguinsAgainstTrump has trended online after last week’s tariff announcement.

Evening Standard

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Wall Street gets its Trump wake-up call

Analysis: Wall Street is freaking out about Trump’s trade war. But it was always in plain sight

The Independent UK

Billionaire investor Bill Ackman pleads with Trump White House not to declare a 'global economic war against the whole world at once'

The Pershing Square hedge fund manager urged the Trump administration to freeze tariff plans for 90 days to preven an 'economic nuclear winter'.

Fortune

Howard Lutnick says he hopes Trump's tariffs will eliminate China's 'army of millions and millions of human beings screwing in little, little screws to make iPhones' so they can be built in America by robots

The Commerce Secretary said the U.S. government would “protect” companies that “invest in America.”

Fortune

Trump Advisors Struggle To Defend, or Even Explain, His Tariff Strategy

Members of the administration spent the weekend presenting contradictory defenses of Trump's economic policies.

Reason

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Even Trump’s allies fear he’s leading America into a recession with his tariffs. Here are some off-ramps

The tariffs have shocked corporate leaders, who are halting investments, freezing hiring, and beginning shutdowns.

Fortune

The ultimate MAGA loyalty test

Self-preservation may start to look a little different to Republicans if the country is mired in a recession

Salon

Musk vs Navarro: Is the Trump team divided on tariffs?

Elon Musk publicly clashes with Trump’s trade adviser Peter Navarro, calls for zero-tariff deal with Europe.

Al Jazeera

'This Is Not What We Voted For': Bill Ackman Urges 90-Day Tariff Pause To Prevent Economic Crisis

Billionaire hedge fund investor Bill Ackman suggested that Trump consider a temporary break from the tariff strategy—a "90-day timeout"—to negotiate better trade deals to solve the "asymmetric tariff deals and induce trillions of dollars of new investment in our country."

International Business Times

Musk reveals what he really thinks about Trump’s tariffs

Musk again distances himself from Trump tariffs by scoffing at Lutnick’s attempt to explain duties on penguin island

The Independent UK

Musk again distances himself from Trump tariffs by scoffing at Lutnick’s attempt to explain duties on penguin island

Tesla and SpaceX boss has already taken shots at the president’s trade czar Peter Navarro and has since said he wants to see the U.S. and Europe move toward zero tariffs

The Independent UK

Trump official admits US workers won’t get jobs in new factories spurred by tariff strategy

Howard Lutnick suggests robotics are the future

The Independent UK

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news in one place.

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Salon

Tariff backlash comes for Trump admin

On the Sunday shows, hosts took Trump advisers to task over the president's tariff plans

The Guardian - US

Senior Trump officials give conflicting lines on tariffs after markets turmoil

Commerce secretary insists on CBS that tariffs will ‘stay in place’ as treasury secretary tells NBC negotiation is possible

Salon

GOP panic grows amid Trump tariff spin

Some Republicans are even pushing to wrest back tariff power from the president as stocks continue to crater

Evening Standard

Trump unveils $5m ‘gold card’ featuring his face for wealthy immigrants to live in US

The Republican president has introduced the visa in the hope of creating jobs and boosting economic growth amid stock market turmoil

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Kiplinger

Ask the Editor: Reader Questions, April 4 — The Tax Bill

Ask the Editor: Taxes, April 4 — Joy Taylor, The Kiplinger Tax Letter Editor, answers questions on Trump's tax package, estate tax and Muni bonds.

Salon

Trump: Tariffs "going very well"

The president shook off the stock market carnage on Thursday and promised a turnaround

Latin Times

Company's First Reaction To Trump Tariffs: Lay Off 900 Employees In The U.S.

Stellantis announced it's pausing production at plants in Canada and Mexico, and temporarily laying off hundreds of workers in the U.S.

Evening Standard

US may not have realised complexity of pharma tariffs, Martin suggests

The US may not have understood the complexity of tariffs on EU pharmaceuticals when it was first suggested, the Irish premier Micheal Martin has said.

Evening Standard

Irish businesses predict multibillion-euro loss in trade under Trump tariffs

Ibec’s first assessment of current measures projects a loss of between four and six billion euro in trade in the short term.

International Business Times

Commerce Secretary Ridiculed For Urging Americans To 'Trust Trump' Because He 'Knows What He's Doing': 'He Can't Even Run A Casino'

Howard Lutnick defended Trump amid stock market turmoil, urging Americans to "trust Trump" to handle the economy despite his history of business bankruptcies.

Latin Times

Commerce Secretary Ridiculed For Urging Americans to 'Trust Trump' Because He 'Knows What He's Doing': 'He Can't Even Run a Casino'

Howard Lutnick defended Trump amid stock market turmoil, urging Americans to "trust Trump" to handle the economy despite his history of business bankruptcies.

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