Category: Commerce Department

U.S. Economy Grew Modestly at End of 2025

The New York Times – Business:
Gross domestic product expanded at a 1.4 percent annual rate in the last quarter of the year, slowed by the effects of the government shutdown.
Trump Mulls a North American Trade Pact Without Canada

The New York Times – Business:
U.S. officials are threatening major changes to a trade agreement with Mexico and Canada that could upend the way business is done and leave Canada on the outs.
Trump Hails Japan’s First Batch of U.S. Investments

The New York Times – Business:
The deals, totaling $36 billion, were the first step in a $550 billion investment pledge aimed at securing tariff relief and sustaining U.S. relations.
White House Shrugs Off Lutnick’s Epstein Ties

The New York Times – Business:
Commerce Secretary Howard Lutnick has acknowledged traveling to Jeffrey Epstein’s island and meeting him on another occasion.
Trump Administration Takes Another Stake in Rare Earth Sector

The administration announced a $1.6 billion deal with USA Rare Earth. The firm also does business with Cantor Fitzgerald, which is run by the sons of President Trump’s commerce secretary.
Trump and ‘Taco!’ Roil Davos

Business leaders at the World Economic Forum were relieved by the president’s about-face on Greenland, but remain on edge about what could come next.
‘Adaptive Normalcy’ as the Trump Show Arrives at Davos

The president’s address at the World Economic Forum in Switzerland has trading partners and business executives on edge.
U.S. Trade Deficit Fell to Lowest Level Since 2009, Latest Data Show

The monthly trade deficit continued to shrink in October after President Trump imposed sweeping tariffs on foreign imports.
U.S. Economic Growth Surged in Third Quarter of 2025

Gross domestic product grew at a 4.3 percent annual rate, faster than the previous three months.
Democratic Lawmakers Request Review of Howard Lutnick’s Possible Conflicts

Lawmakers in the House and the Senate asked a government watchdog to determine if Howard Lutnick is following ethics guidelines in promoting data centers that benefit his family’s businesses.
As Prices Pinch, Bessent Looks for Ways to Mollify Wary Consumers

Treasury Secretary Scott Bessent has offered a variety of creative justifications for President Trump’s import duties.
Trump Administration Is Taking Billions in Stakes in Firms Like Intel

The Trump administration is trading billions of dollars of taxpayer money for ownership stakes in companies. The unusual practice shows no sign of slowing.