FORT LAUDERDALE, Fla. (AP) — Top administration officials said Sunday that more than 50 countries targeted by President Donald Trump’s new tariffs have reached out to begin negotiations over the sweeping import taxes that have sent financial markets reeling, raised fears of a recession and upended the global trading system. The higher rates are set…
4/6: Face the Nation – CBS News Watch CBS News This week on “Face the Nation with Margaret Brennan,” Commerce Secretary Howard Lutnick and Sen. John Barrasso discusses the new tariffs announced by President Trump. Rep. Don Bacon and Sen. Maria Cantwell discusses a measure in Congress to claw back its authority over trade and…
HANOI (Reuters) – U.S. and Vietnamese businesses have asked the Trump administration to delay its planned 46% tariff on Vietnamese goods, saying the levy will hurt them and bilateral commercial relations. The Vietnam Chamber of Commerce and Industry and the American Chamber of Commerce in Hanoi expressed concern to Commerce Secretary Howard Lutnick in a…
(Reuters) – Analysts at Cantor Fitzgerald, formerly headed by the Trump administration’s Secretary Of Commerce Howard Lutnick, called for the dismissal of Secretary of Health and Human Services Robert F. Kennedy Jr. Kennedy, a well-known vaccine skeptic, last week announced plans to reshape the federal public health agencies that could involve firing thousands of workers….
The US is picking up the pace of export restrictions and more could soon be on the way, a Chinese observer said on Wednesday after the White House ordered the first Trump 2.0 tech export controls against China. US President Donald Trump could also be using the controls to extract tangible gains, aligning with his…
NEW YORK (AP) — When a White House adviser in the first Trump administration told TV viewers to “Go buy Ivanka stuff,” top government lawyers sprang into action, telling her she had violated ethics rules and warning her not to do it again. Government ethics experts have varying opinions on whether the 2017 criticism of…
Elon Musk, chief executive officer of Tesla Inc., from left, Howard Lutnick, US commerce secretary, walk on the South Lawn of the White House before boarding Marine One in Washington, DC, US, on Friday, March 14, 2025. Al Drago | Bloomberg | Getty Images Commerce Secretary Howard Lutnick urged the public to “buy Tesla” stock,…
The chances that the U.S. will experience a recession in 2025 have increased because of the tariffs it has implemented, Alec Kersman, managing director and head of Asia-Pacific at Pimco, said at CNBC’s CONVERGE LIVE event in Singapore on Wednesday. There is a “maybe 35% probability” that the U.S. will enter a recession this year, Kersman told…
Amid the ongoing tariff war between the two countries, US President Donald Trump reportedly expressed his dissatisfaction with the long-standing border demarcation treaty between the two nations, in a conversation with Canadian Prime Minister Justin Trudeau. According to a The New York Times report, the US President conveyed his desire to renegotiate the boundary during…
U.S. President Donald Trump speaks in the Oval Office, on the day he signs executive orders, at the White House in Washington, D.C., U.S. March 6, 2025. Evelyn Hockstein | Reuters U.S. President Donald Trump expanded his tariff pause to goods coming in from Canada and Mexico, so long as they satisfy terms of the…