Howard Lutnick

President Donald Trump has declared that the U.S. will be independently setting new tariff rates on several trading partners, bypassing the need for individual agreements. What Happened: Trump announced during a meeting with business executives in the United Arab Emirates that new tariffs...

In the face of ongoing trade tensions, Apple Inc. (NASDAQ:AAPL) is reportedly contemplating raising the prices for its forthcoming fall iPhone models, while also planning to introduce new features and design changes. What Happened: The iPhone maker is planning a price hike but is keen to...

Howard Lutnick, the U.S. Commerce Secretary, has voiced his concerns regarding the likelihood of a trade agreement with Canada ahead of a meeting between President Donald Trump and the newly elected Canadian Prime Minister Mark Carney on Tuesday. What Happened: On Monday, Lutnick...

Apple Inc.’s (NASDAQ:AAPL) CEO Tim Cook has reportedly identified a crucial factor that could see iPhone manufacturing shift to the United States. What Happened: U.S. Commerce Secretary Howard Lutnick, in a conversation with CNBC's Brian Sullivan on "The Exchange" Tuesday,...

Prominent short seller Jim Chanos has challenged the U.S. government’s manufacturing aspirations, highlighting the economic realities keeping iPhone production overseas. What Happened: Chanos responded with skepticism to Commerce Secretary Howard Lutnick‘s vision of bringing iPhone...

Commerce Secretary Howard Lutnick is standing firm behind the Trump administration’s plans to bring manufacturing back to the U.S. despite surveys showing pessimistic consumers and recession fears. What To Know: Tuesday on CNBC’s “The Exchange,” Lutnick touted that President...

U.S. Secretary of Commerce Howard Lutnick has outlined a bold vision to position the United States as the global leader in Bitcoin (CRYPTO: BTC) innovation, starting with mining. What Happened: In a Bitcoin Magazine exclusive interview on April 28, Lutnick proposed a revolutionary approach:...

The United States can explore multiple options to establish a domestic supply chain for rare earths within the next five years to replace China’s global monopoly. However, industry experts warn that the process is fraught with challenges. What Happened: The U.S. possesses the majority...

Ken Griffin, founder of Citadel hedge fund, has expressed concern over the swift contraction of the market and the deterioration of the U.S.’s global financial standing, attributing these issues to the ongoing trade war. What Happened: Griffin, who is at the helm of the $65 billion hedge fund...

U.S. stock futures rebounded on Tuesday following Monday’s selloff. Futures of major benchmark indices were higher in premarket. President Donald Trump attacked Federal Reserve Chairman Jerome Powell on Monday via a Truth Social post. He called him “Mr. Too Late,” and urged the...

Fundstart’s Tom Lee has urged Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick to expedite trade deals for a positive “policy shock” to the stock markets. What Happened: Lee reshared an X post by Charles Gasparino and said, “White House needs to put...

In the midst of a broad tariff agenda that has caused turmoil in financial markets, President Donald Trump is relying on a diverse group of economic advisers to guide his policies. What Happened: The team comprises of Treasury Secretary Scott Bessent, Senior Trade Adviser Peter Navarro,...

In a recent dialogue with U.S. Commerce Secretary Howard Lutnick, Apple Inc. (NASDAQ:AAPL) CEO Tim Cook reportedly discussed the potential ramifications of President Donald Trump‘s tariffs on iPhone prices. What Happened: Cook held a discussion last week with the Commerce Secretary about the...

U.S. stock futures rose on Monday following Friday’s advances. Futures of major benchmark indices were higher in premarket. President Donald Trump on Friday temporarily exempted smartphones, computers, and chips from new U.S. reciprocal tariffs, despite a 20% tariff remaining on all Chinese...

Economist Craig Shapiro has expressed skepticism regarding President Donald Trump’s trade policies, expressing concerns about tariff revenue not being able to fund the trade deficit, which is likely to widen after his proposed tax cuts. This is particularly following the exemption of...