Business
US seeks Intel stake without governance rights: Lutnick
Commerce Secretary Howard Lutnick confirmed discussions between the US and Intel for the government to take a stake in the chipmaker,…
Tag
Lutnick
News
U.S. and China Agree to Stick to Prior Trade Truce as Tensions Escalate
The United States and China, trying to ease economic tensions between the superpowers, agreed to a “framework” for extending a trade truce…
Politics
Howard Lutnick, Trump’s ‘Buoyant’ Trade Warrior, Flexes His Power Over Global Business
Since Howard Lutnick was tapped to serve as President Trump’s commerce secretary, executives from some of the world’s largest companies…
Politics
China Rejects Trump Claim of Tariff Talks With Xi
President Trump, whose trade war with China has rattled financial markets and threatened to disrupt huge swaths of trade, suggested on…
Politics
Trump says he's joining Bessent and Lutnick for trade negotiations with Japanese at the White House
President Donald Trump said he's joining some of his top economic advisers on Wednesday for negotiations at the White House over tariffs…
Politics
Commerce Secretary Howard Lutnick: President Trump to impose 'sectoral tariffs' on electronics
Commerce Secretary Howard Lutnick said Sunday that President Trump plans to levy a "focused" tariff on smartphones, laptops and other…
Politics
Trump Insists ‘Everybody’ Wants to Make a Trade Deal With the U.S.
A day after President Trump capitulated on his global reciprocal tariffs, he and Commerce Secretary Howard Lutnick insisted that one…
Politics
Inside Trump’s Reversal on Tariffs: From ‘Be Cool!’ to ‘Getting Yippy’
For the past week, President Trump has been urging calm in the face of the financial chaos that he created and resisting calls for him to…
Business
Does Trump Have an ‘Off Ramp’ From His Trade Fight?
No letup in sight Frenzied selling is gripping global markets for a third straight session, with the S&P 500 and Nasdaq futures deeply in…
Politics
Trump’s De Minimis Order Could Raise Costs on Clothes and Goods From China
President Trump on Wednesday ordered the closure of a loophole that allows retailers to directly send clothes and other goods from China…
Politics
The Pentagon Draws Back the Curtains for Musk
The stakes behind Musk’s China briefing The boundaries of Elon Musk’s influence appear to be expanding by the day: The Times broke the…
Politics
In dizzying reversal, Trump pauses tariffs on some Mexican and Canadian products
MEXICO CITY — The on-again, off-again threat of U.S. tariffs on goods from Mexico and Canada took another dizzying turn Thursday, when…
Politics
Senate Confirms Howard Lutnick as Commerce Secretary
The Senate on Tuesday voted 51 to 45 to confirm Howard Lutnick to be President Trump’s commerce secretary, putting in place one of the…
Business
Why Investors Appear Unfazed by the Latest Trump Tariffs
Elon Musk’s growing power in government appears to be making some of his businesses more of a magnet for investors. Case in point: Banks…
Politics
Taiwan Prepares for Trump’s Tariffs, and a Changed Washington
Not so long ago, Taiwan basked in seemingly boundless, bipartisan support in Washington, where the island has long been regarded as a…
Politics
What Is a Sovereign Wealth Fund? Trump’s Executive Order, Explained
While he was campaigning last fall, President Trump bemoaned the lack of a U.S.-backed investment fund and promised to create one. “Other…
Politics
Lutnick Grilled on Trump’s Tariffs and China During Confirmation Hearing
Howard Lutnick, a wealthy donor to President Trump who has been chosen to lead the Commerce Department, defended Mr. Trump’s plans to…
Business
Trump Is Eyeing Greenland. His Commerce Nominee Has Financial Ties There.
As President Trump argues the acquisition of Greenland is key to the economic security of the United States, he is flanked by wealthy…
Politics
Howard Lutnick, Trump’s Commerce Nominee, Discloses Business Interests
Howard Lutnick, the wealthy Wall Street executive whom President Trump has tapped to lead the Department of Commerce, detailed a complex…
Politics
A Trump Oligarchy Is Moving to Washington, and Buying Up Prime Addresses
President Biden warned in his farewell address to the nation last week that an oligarchy is taking shape in America. In Washington, the…
Politics
Trump Chose 8 Economic Experts Who Will Defend Tariffs and Lower Taxes
President-elect Donald J. Trump has moved beyond the team-of-rivals approach from his first term and chosen economic aides who will defend…