LONDON — The United States and China have agreed to a new trade framework aimed at restoring a stalled truce and stabilizing key economic ties. The agreement, reached during two days of talks at Lancaster House in London, includes provisions on critical mineral exports, tariff levels, and Chinese student access to U.S. universities.
Trade negotiations on Tuesday have gone on for much longer than expected.
Commerce Secretary Howard Lutnick, Treasury Secretary Scott Bessent, and Trade Representative Jamieson Greer met with high-level Chinese officials in London on Monday to seek a resolution to the trade dispute between the world’s two largest economies.
LONDON — American and Chinese delegations arrived at Lancaster House in London on Monday morning to begin a new round of trade negotiations, with rare-earth minerals and advanced technology at the center of the talks. The meeting follows a phone conversation last week between President Donald Trump and President Xi Jinping that helped pave the way for the diplomatic thaw.
Commerce Secretary Howard Lutnick testifies before the House Appropriations Committee on Thursday, June 5.
Senate Democrats are trying to flip the script on a failed Biden broadband program, calling on the Trump administration to stop changes allowing states to give more of the program allotments to potentially lower-cost internet options like satellite-internet providers such as Starlink.
During this week’s broadcast of “Fox News Sunday,” Commerce Secretary Howard Lutnick downplayed efforts by federal courts, including the Court of International Trade, to stymy the Trump administration’s use of tariffs.
On Thursday’s broadcast of the Fox News Channel’s “Ingraham Angle,” Commerce Secretary Howard Lutnick reacted to the U.S. Court for International Trade ruling on presidential tariff authority as it pertains to some of President Donald Trump’s tariffs and stated that
President Donald Trump will rescind a Biden-era rule that many conservatives have said would undermine American leadership in artificial intelligence (AI).
On Thursday’s broadcast of Bloomberg’s “Balance of Power,” Commerce Secretary Howard Lutnick said that the message from the agreement between the United States and U.K. is that the 10% base tariff rate isn’t for negotiation and “reciprocal tariffs, if you think about it, [are] how open is your economy to our exports? How fair is it to our exports? What kind of trade deficit do you do? And that sets that line. So, 10% is the bottom line for that.”
On Thursday’s broadcast of Bloomberg’s “Balance of Power,” Commerce Secretary Howard Lutnick responded to a question on reports that President Trump is eyeing raising taxes on the wealthy by saying that “he cut it from 39.6 to 37. So, if
The Trump administration has released details on the trade deal the United States has reached with the United Kingdom — the first agreement since Trump implemented his “Liberation Day” tariffs last month.
Commerce Secretary Howard Lunick used a cabinet meeting to tout his plan to sell $5 million Gold Card citizenships to wealthy foreigners.
President Donald Trump signed an executive order to ramp up deep seabed mineral exploration, collection, and processing.
A letter signed by 29 Republican state attorneys general urges the Trump administration to crack down on the flood of illegal Chinese vaping products in the United States. The state AGs believe only a “coordinated national effort” can combat the plague of Chinese vapes aimed at American teenagers.
President Donald Trump on Tuesday directed Commerce Secretary Howard Lutnick to begin a national security probe of tariffs on critical U.S. imports, including rare earths and other vital substances.
Senate Republicans wrote to Commerce Secretary Howard Lutnick, urging him to scrap a Biden administration rule they say undermines American leadership in artificial intelligence (AI).
Commerce Secretary Howard Lutnick said Sunday on ABC’s “This Week” that President Donald Trump’s tariff exemptions on technology products like phones, computers and chips were temporary.
Commerce Secretary Howard Lutnick said Sunday on ABC’s “This Week” that China had been attacking the United States with unfair business tactics.
Commerce Secretary Howard Lutnick said during Thursday’s Cabinet meeting that countries are approaching the United States with offers they never previously would have because of President Donald Trump’s “Liberation Day” tariffs.
On Thursday’s broadcast of FNC’s “Jesse Watters Primetime,” Commerce Secretary Howard Lutnick predicted a “renaissance of American manufacturing.”
On Thursday’s broadcast of CNBC’s “Squawk Box,” Commerce Secretary Howard Lutnick responded to a question on President Donald Trump imposing tariffs on the United Kingdom and Australia, two nations that America runs a trade surplus with, by stating that “they
Teamsters President Sean O’Brien is calling on President Donald Trump to impose tariffs on Mexican beer brewers.
Princeton professor Eddie Glaude Jr. said Monday on MSNBC’s “Deadline” that those in the Trump administration “only care about themselves and their immediate tribe.”
On Wednesday’s broadcast of the Fox News Channel’s “Jesse Watters Primetime,” Commerce Secretary Howard Lutnick responded to a question on how the Trump administration would prevent people from exploiting the gold card program for corrupt purposes by stating that 20
On Thursday’s broadcast of the Fox News Channel’s “The Story,” Commerce Secretary Howard Lutnick responded to a question on if it’s possible to get to a place where the United States and Canada reciprocally end tariffs on each other by
During an interview with CBS on Tuesday, Commerce Secretary Howard Lutnick stated that the Trump economic policies will be “worth it” even if they lead to a recession, but “the only reason there could possibly be a recession is because
Commerce Secretary Howard Lutnick predicted Sunday on NBC’s “Meet the Press” that the United States economy would not experience a recession.
President Donald Trump on Thursday paused tariffs on Mexican and Canadian goods that comply with the U.S.-Mexico-Canada Agreement (USMCA), granting a reprieve to America’s two largest trading partners. Trump signed an order modifying the tariffs he put in place earlier
USMCA compliant cars may get a lower tariff rate or be exempted altogether, Commerce Secretary Howard Lutnick said in an interview Wednesday.
President Donald Trump wants the government to sell citizenship for $5 million via a “Gold Card,” but lax border laws allow U.S. companies to privately sell U.S. citizenship for several thousand dollars going straight into their pockets.
President Donald Trump signed a memorandum Thursday announcing that he would introduce a plan to impose reciprocal tariffs on all countries that tariff U.S. exports.
President Donald Trump is directing his Treasury and Commerce secretaries to begin the process of establishing a U.S. sovereign wealth fund.
Trump is likely sending a fierce defender of his tariff proposals to run the Commerce Department, according to reports.
