Commerce Secretary Howard Lutnick dismissed all forecasts of a recession, saying he “would never bet” on it. President Donald Trump delayed tariffs against Mexico and Canada for a second time this week,
U.S. President Donald Trump maintains tariffs on Mexico, Canada, and China as a lever against the fentanyl crisis. U.S. Commerce Secretary Howard Lutnick assures the measures aim to protect American lives and dismisses fears of a recession,
China has moved quickly to strike back against Trump's latest tariff plans. The Chinese governments on Tuesday announced retaliatory tariffs on some U.S. goods of up to 15%, starting on March 10, as well as new export controls.
Commerce Secretary Howard Lutnick indicated that President Donald ... along with a 20% duty on China, to efforts to curb illicit fentanyl trafficking and migration into the US.