Commerce Secretary Lutnick emphatically shoots down recession concerns – and reveals how Canada, Mexico can get tariffs lifted
Commerce Secretary Howard Lutnick emphatically rejected the risks of a recession even as markets slide — and said America’s biggest trading partners could easily avoid Trump’s twice-delayed tariffs. Lutnick, 63, was asked if he was worried about the US sliding into recession Sunday on NBC’s “Meet the Press” — and gave an unequivocal answer.
Trump says tariffs on Mexico and Canada ‘could go up,’ declines to rule out possible recession
Trump said tariffs on some goods from Canada and Mexico planned for April 2 “could go up” and would not predict whether the United States will have a recession.
Trump hints tariffs against Mexico, Canada may go higher
President Donald Trump teased that tariffs against neighboring countries Mexico and Canada could go higher in the future in an exclusive interview with Fox News.
Ex-Trump economic adviser rips Canada, Mexico tariffs as ‘misguided,’ warns of ‘very wobbly economy’
Former Trump economic advisor Stephen Moore criticized the president’s sweeping tariffs on America’s three largest trading partners over the weekend as “misguided” and cautioned that the economy is “wobbly.
US may increase tariffs on Canadian, Mexican goods - Trump
Tariffs imposed by the US on Mexico and Canada could increase. President Donald Trump indicated when this might happen, informs CNN. On Thursday, Trump signed executive orders delaying tariffs on all goods from Mexico and Canada covered by the USMCA free trade agreement until April 2.
Trump has made clear to the cabinet that ‘Elon is your partner,’ Commerce Secretary Howard Lutnick says
Despite reports of ill-tempered exchanges between Elon Musk and cabinet members in a Thursday meeting, Lutnick said that the ...
Canada Official Backs Down on Tariff Threat After Call With Trump Admin
Ontario Premier Doug Ford said Tuesday afternoon that he would suspend 25 percent tariffs on electricity to parts of the ...
White House rolls back plan to double tariffs on Canadian steel and aluminium, officials say
US President Donald Trump has just shared on social media that he will be raising the tariff on all steel and aluminium ...
Canada backs down from 25% electricity surcharge after Trump's retaliation
Ontario will suspend a 25 percent electricity surcharge on three American states, Premier Doug Ford said Tuesday, after ...
Ontario to suspend electricity surcharge, Ford to meet with Lutnick
Ontario enacted Monday the surcharge of 25 per cent on electricity exported to 1.5 million homes in New York, Michigan and Minnesota.
Ontario suspending 25% surcharge on provincially generated electricity purchased by U.S. states
Ontario is suspending its promise to add a 25 per cent surcharge on exports of electricity to Michigan, New York and ...
He's the face of Trump's tariffs. But 9/11 attacks put Howard Lutnick on the national stage
On the morning of Sept. 11, 2001, Howard Lutnick took his five-year-old son to school for his first day of kindergarten, ...
Trump signaled privately he will stick with tariffs, New York Times reports
U.S. President Donald Trump has signaled privately that he is going to stick with tariffs, The New York Times reported on ...
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Your electric bill could rise after Ontario implemented a tax increase on electricity exports
Ontario's Premier, Doug Ford, has implemented a 25% export tax on electricity that Ontario sends to three U.S. States in ...
Trump tariffs live updates: White House confirms 25% steel, aluminum tariffs start Wednesday
Yahoo Finance will chronicle the latest news and updates on Trump's tariffs — from the threats to the eventual policy.
Howard Lutnick guarantees ‘there’s going to be no recession in America’
Tariffs are likely to result in "a little disturbance" as the president said, but the commerce secretary put an end to rumors they could lead to a recession.