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TikTok Will Go Dark in US Without Chinese Approval of Sale Deal, US Commerce Secretary Says
A deal had been in the works this spring that would spin off TikTok's U.S. operations into a new U.S.-based firm, majority-owned and operated by U.S. investors. This stalled after China indicated it would not approve it following Trump's announcements of steep tariffs on Chinese goods.
Two projections show that the Trump administration's tariff revenues would not cover the next 10 years of projected deficits ...
Commerce Secretary Howard Lutnick expressed confidence Sunday that the Trump administration will cut trade deals with key U.S ...
The United States appears firm on its slated tariff increase on the EU following comments made by U.S. Commerce Secretary ...
Commerce Secretary Howard Lutnick said the Federal Reserve should lower interest rates and that Fed Chair Jerome Powell "has ...
Lutnick and President Donald Trump speak on the phone most nights, at around one in the morning, just after Lutnick gets in ...
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