Lutnick suggested that Trump may be open to striking a deal on some tariff measures and could announce changes as early as Wednesday.
Stock futures climbed Monday as investors tried to decipher what President Donald Trump 's final tariff plan will look like. Duties of up to 25% on imports from Mexico and Canada are set to take effect Tuesday – though Commerce Secretary Howard Lutnick suggested that the administration could reduce the rate.
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Commerce Secretary Howard Lutnick singled out Nvidia’s role in China’s rapid advancement in AI during his confirmation hearing last month – shortly after Chinese firm DeepSeek unended the ...
Trump and Lutnick celebrate TSMC’s $100B investment in U.S. semiconductor production, boosting AI tech and economic growth.
Stocks looked set to rally after Commerce Secretary Howard Lutnick signaled the U.S. may be willing to compromise with its neighbors on tariffs, helping calm a market that has been fretting about ...