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The Latest Breaking News from Howard Lutnick

Art Of The Deal? How Trump Backed Down On Tariffs

It ended not with a bang, but with US President Donald Trump and two top aides writing a social media post.

International Business Times

Jamie Dimon eyes a ‘likely’ recession, unless the Trump administration turns tariffs into trade deals: ‘That’s the best thing they can do’

Dimon, CEO of JPMorgan Chase, is one of the most respected figures in corporate America.

Fortune

White House insists iPhones will be US-made – but Apple calls it a non-starter

Experts doubt Trump line that tariffs and company’s $500bn investment will shift manufacturing from Asia

The Guardian - US

From analysis to the latest developments in health,
read the most diverse news in one place.

Trump's tariff message gets muddled

While the billionaires in Trump's orbit may have different visions, they all want the same thing

Salon

How The EU Is Responding To Trump's Trade Assault

Hit by three waves of painful US tariffs since President Donald Trump returned to office, the European Union's response has been a high-wire act, balancing calibrated retaliation with a push for negotiations to avert an all-out trade war.

International Business Times

Who's who in the EU-US trade war?

From Commissioner Maroš Šefčovič to influential advisor Peter Navarro, Euronews breaks down the main characters in the EU-US trade war.

Euronews

Ireland’s deputy premier Harris to meet commerce secretary Lutnick in US

Ireland’s deputy premier Simon Harris will meet US commerce secretary Howard Lutnick, a key critic of the Irish Government’s fiscal policies.

The Independent UK

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Fox Business mocks Peter Navarro’s ‘reciprocal trade-girl math’ and urges Trump to sideline him

‘The quicker that they get him off of TV and away from numbers, the better,” Dagen McDowell declared this week

The Independent UK

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

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

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Reason

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.

Fortune

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.

Salon

The ultimate MAGA loyalty test

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

Al Jazeera

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.

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news in one place.

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International Business Times

'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."

The Independent UK

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

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

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