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The Latest Breaking News from Howard Lutnick

U.S. Secretary of Commerce says the ‘new model’ is factory jobs for life—for you, your kids, and your grandkids

“This is the new model, where you work in these plants for the rest of your life, and your kids work here, and your grandkids work here,” U.S. Secretary of Commerce Howard Lutnick says.

Fortune

Lutnick: 'I have a deal done, done, done, done' as China, Japan and India warm to trade talks

Green shoots are at last appearing in trade negotiations between the U.S. and major economic partners, after a frosty reception showed no signs of quick deals.

Fortune

Lutnick says someone asked him for 10 Trump immigration cards: ‘That’s $50m for dinner. So it’s paying for my dinner’

Commerce secretary says sales of gold cards make him ‘very popular’

The Independent UK

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TSMC starts construction its 1.6nm and 2nm-capable U.S. fab: Fab 21 phase 3

TSMC breaks ground for its third Fab 21 module in the U.S., which will produce chips on A16 and N2 process technologies towards the end of the decade.

Tom’s Hardware

You Will Work in the Factory and You Will Like It

Plus: Amazon vs. Trump, RFK Jr. gets in trouble, and more...

Reason

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

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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

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

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

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Tom’s Guide

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.

Laptop

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.

Euronews

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.

The Independent UK

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

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MarketBeat

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.

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

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.

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People

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