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The Latest Breaking News from Howard Lutnick

TSMC committed to Arizona chip plant ahead of potential tariff impact

With its first plant in full swing and its second now scaling up production, TSMC starts work on its third US chip plant.

TechRadar

Commerce Secretary says US is close to first tariff deal, days after Trump bragged he already had 200 deals

Commerce Secretarty Howard Lutnick says he has a deal done but won’t name the country

The Independent UK

Donald Trump says he ‘will be talking’ to Australia’s prime minister about tariffs

US president indicated he was aware Anthony Albanese has been pushing for an exemption to trade barriers

The Guardian - AU

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Markets swing upward as White House signals trade deals, auto tariffs reprieve

Despite the recent rebound, President Trump's first 100 days in office have been marked by extreme volatility.

Fortune

Brazilian meat company and a mysterious family trust among the top donors to Trump’s $239m inauguration

More than a dozen donors who gave at least $1 million to Trump’s inauguration also donated to the Biden inaugural committee

The Independent UK

Lutnick's "5-star rating" for conflicts

“Our system was never designed for this level of conflict issues,” ethic watchdogs say

Salon

Here’s what stopped Trump in his quest to oust Fed chair Jerome Powell

The Trump administration has also signaled its trade war with China may be letting up soon

The Independent UK

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Elon Musk and Scott Bessent had a ‘very loud’ shouting match in the West Wing: ‘two billionaire, middle-aged men thinking it was WWE’

The two billionaires have a testy relationship dating back to the post-election transition period

The Independent UK

Cantor Fitzgerald partners with Tether, Bitfinex and SoftBank to launch Bitcoin acquisition company

Twenty One Capital plans to launch publicly with 42,000 Bitcoins.

Fortune

The Trump administration wants Apple to build iPhones in the U.S. — here's why that will be hard to pull off

Trump administration officials are talking about the prospect of bringing tech manufacturing from overseas to the U.S. The iPhone is a good example of why that would be hard to pull off.

Tom’s Guide

Did Tim Cook orchestrate Apple’s tariff break? What we know

A call from Tim Cook to Trump's people might have saved Apple billions of dollars.

Laptop

The silence between von der Leyen and Trump looms large over trade talks

Despite the European Commission holding exclusive competence on trade policy, Donald Trump has not spoken with its president, Ursula von der Leyen, since he returned to the White House.

Euronews

Fishers celebrate Trump's seafood order while conservation groups fear overfishing

President Donald Trump’s executive order to boost the U.S. commercial fishing industry drew praise from commercial fishing groups and condemnation from environmental organizations

The Independent UK

Broadcom’s Apple Relationship: AI Opportunity Meets Tariff Risk

Broadcom and Apple have a deep historical relationship. This creates risk with tariff worries abound, but also opportunity with AI at the forefront.

MarketBeat

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Evening Standard

Beijing slams Trump 'blackmail' after White House document sparks confusion over '245% tariffs' on China

The US President has ordered a probe into potential new tariffs on all US critical minerals imports

The Independent UK

Tech moguls who invested in Greenland mining also gave Trump campaign $243m: report

Troubling links tie tech money to both Greenland and Trump. The tech industry desperately needs the rare earth minerals on the island, while Trump repeatedly threatens to take over the territory

The Guardian - US

Joe Biden accuses Trump and Musk of taking ‘hatchet’ to social security

In first speech since leaving office, ex-president spoke of ‘destruction’ current administration has wrought

The Guardian - US

Trump’s tech tariffs are total chaos – and everyone’s paying the price

From iPhone airlifts to Nintendo delays, Trump’s trade war has thrown the tech world into confusion

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The Guardian - US

Trump donors eye potential bonanza if US succeeds with Greenland land-grab

Ethical doubts over role of campaign backers and investors with financial ties to president worth hundreds of millions

Euronews

US moves ahead with tariffs - launching pharma and chip investigations

The Trump administration has taken its next steps toward imposing more tariffs on key imports, launching investigations into imports of computer chips, chip making equipment and pharmaceuticals.

The Independent UK

Steve Bannon wants nearly ‘unmitigated disaster’ Commerce Secretary Lutnick yanked off media

Commerce Secretary Howard Lutnick has gushed about the coming glory days when ‘millions’ of Americans will soon be screwing screws into cell phones thanks to Trump tariffs

The Independent UK

US moves ahead on tariffs with investigations into computer chips and pharmaceuticals

The Trump administration has taken its next steps toward imposing more tariffs on key imports, launching investigations into imports of computer chips and products that contain them, chip making equipment and pharmaceuticals

Newslaundry

Trump’s tariff policy is like Debashish Mohanty’s swing – unpredictable and accidental

Any minute now I'm expecting all hell to break loosePeople are crazy and times are strangeI'm locked in tight, I'm out of rangeI used to care, but things have changed.– Bob Dylan, Things Have Changed, Wonder BoysMaine revolver pehli baar uthaya hai…lekin itna jaanta hoon ki trigger dabane se goli…

The Independent UK

Trump launches queasy market on a wild tariff rollercoaster ride

ANALYSIS: Analysis: Trump’s constant tariff changes are keeping the world and economy off balance, warns Eric Garcia

Fortune

ARK Invest’s Cathie Wood calls Trump tariffs ‘shock therapy’ that could clear the way for freer trade and economic stimulus

After Treasury Secretary Scott Bessent appeared to take the lead on trade negotiations, Wood turned bullish on the president’s tariff regime.

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