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.
Category: Commerce Department
-
White House Shrugs Off Lutnick’s Epstein Ties
Commerce Secretary Howard Lutnick has acknowledged traveling to Jeffrey Epstein’s island and meeting him on another occasion.
-
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.
-
Why Europe and the United States Are Still Haggling on Trade
While the two sides reached a broad agreement months ago, American officials will visit Brussels this week to discuss the details. Europe has a wish list, but so does the United States.
-
Family Affair: Commerce Secretary’s Sons Cash In on A.I. Frenzy
Howard Lutnick is helping push data center projects. His family companies are profiting from them.