U.S. warns Canada and Mexico: Stop fentanyl trafficking or face tariffs
The U.S. government has stated that Canada and Mexico could still avoid hefty tariffs if they take action to curb fentanyl trafficking at their borders while also committing to slowing China’s advancements in artificial intelligence.
Lutnick: Canada, Mexico Can Avoid U.S. Tariffs if They Act Quickly
He noted those tariffs were separate from a broad effort by the Commerce Department, the U.S. Trade Representative’s office and the Treasury Department to review trade relations and tariffs by April 1.
Canada launches fentanyl crackdown to convince Trump tariffs aren’t necessary
Since his re-election in November, Trump has repeatedly said he would hit Canada and others with tariffs of up to 25 per cent. On his first day back in the Oval Office, Trump suggested tariffs on Canadian goods could be coming on Saturday.
Trump commerce pick says Canada, Mexico can avoid tariffs
President Donald Trump's commerce secretary nominee Howard Lutnick said at his U.S. Senate confirmation hearing on Wednesday (January 29) that Canada and Mexico can avoid looming tariffs if they act swiftly stop the flow of fentanyl into the U.
Commerce nominee Lutnick in confirmation hearing backs Trump’s tariff plans
Billionaire businessman Howard Lutnick got a step closer to potentially serving as the next Commerce secretary after largely sailing through his confirmation hearing Wednesday before a U.S. Senate panel.
Commerce Nominee Defends Trump Tariffs and Promises Strong Stance on China
Howard Lutnick, the financier President Trump has picked to lead the Commerce Department, said he favored “across-the-board” tariffs and was grilled about his financial ties in a nomination hearing Wednesday.
Trump commerce chief pick Lutnick says he prefers across-the-board tariffs by country
President Donald Trump's nominee to run the Commerce Department, Howard Lutnick, said on Wednesday that he has advised Trump to impose across-the-board tariffs country-by-country to restore trade reciprocity and fairness.
Trump commerce pick says favors broad tariffs, vows tough China stance
Donald Trump's commerce secretary nominee told his US Senate confirmation hearing Wednesday he favors "across-the-board" tariffs targeting countries rather than products, while signaling a hawkish China stance.
Trump's commerce nominee was asked about tariffs on Canada and Mexico: Hear the exchange
Commerce secretary nominee Howard Lutnick was asked about the potential impacts of tariffs at a hearing on Wednesday. Lutnick, who appeared to suggest tariffs could come in phases, pointed to border issues with Canada and Mexico as a ‘short term’ issue.
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Trump Nominee Warns Canada, Mexico To ‘Stop Allowing Fentanyl Into Our Country’ Or Risk Being Slapped With Tariff
Secretary of Commerce-designate Howard Lutnick told a Senate committee that the threat of imposing a 25% tariff was to get ...
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Howard Lutnick Vows To Divest All Business Interests In 90 Days As He Pursues Commerce Head Nod
Howard Lutnick, chairman and CEO of investment firms Cantor Fitzgerald and BGC Group, told the U.S. Senate Committee on ...
Trump calls Canada a big player in the fentanyl trade. Is it?
A 2022 report found that Canada is not a major source of fentanyl or precursor chemicals to the U.S. The amount is minuscule compared with what comes in from Mexico.
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Commerce Secretary-designate Lutnick appears to give Canada an out on tariffs; Canadian energy equities respond favourably
Commerce Secretary-designate Howard Lutnick appeared to give Canada (and Mexico) an out on potential tariffs today, ...
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Trump's pick for Commerce Secretary is Howard Lutnick. Here's what to know
The billionaire Wall Street CEO fielded questions about tariffs, China's AI progress, broadband access, allegiance to Trump ...
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Lutnick's Stand on Tariffs and AI: A New Era in U.S. Commerce
Howard Lutnick, Trump's nominee for Commerce Secretary, proposed U.S. tariffs to pressure Canada and Mexico on fentanyl and to limit China's AI advancements. He emphasized restoring trade 'reciprocity ...
Commerce secretary nominee Lutnick tells senators he favors tariffs, U.S.-based manufacturing
Howard Lutnick said tariffs are essential for supporting U.S.-based manufacturing and won't trigger inflation while ...
Trump’s Commerce Secretary nominee, Howard Lutnick, vows to sell his business interests in 90 days
Billionaire financier Howard Lutnick, President Donald Trump’s choice to lead the Commerce Department, said Wednesday that he ...
Howard Lutnick, U.S. President Donald Trump's nominee to be commerce secretary, testifies before a Senate confirmation hearing Wednesday.
The U.S. is threatening a two-stage tariff plan in which Canada and Mexico could get hit with initial trade penalties within ...