Trump: U.S. May ‘Almost Completely’ Scrap Income Tax Due to Tariff Revenue
President Donald Trump late Thursday said that the United States may “almost completely” eliminate the income tax due to the rising tariff revenue.
Howard Lutnick
Breitbart Business Digest: Lutnick Shows the World How Trade Talks Should Work
Commerce Secretary Howard Lutnick went to Brussels this week with a refreshingly direct message.
Lutnick Challenges EU’s Digital Chokehold on US Tech Giants in High-Stakes Brussels Meeting
Secretary Lutnick told European representatives that their tech regulations unfairly disadvantage American companies.
Lutnick: Trump Eased Some Tariffs Because ‘It’s Okay’ if We Don’t Get Some Deals, Focus Is on Price
On Thursday’s broadcast of the Fox Business Network’s “Kudlow,” Commerce Secretary Howard Lutnick stated that President Donald Trump easing tariffs on some goods was him saying, “it’s been six months, it’s time, let’s just wipe the slate clean, if people
Lutnick: Tariff Dividend Check Is So People ‘Appreciate These Tariffs’
On Thursday’s broadcast of the Fox Business Network’s “Kudlow,” Commerce Secretary Howard Lutnick stated that President Donald Trump is proposing a tariff dividend check because “he wants the people of America, the American people to appreciate these tariffs, and he
Trump Makes First Deals in Plan to Disrupt China’s Critical Minerals Dominance
The Trump administration signed off on a $1.4 billion deal with two rare-earth startup companies this week, taking an early step in President Donald Trump’s ambitious plan to break China’s grip on critical mineral supply chains.
World Leaders, Lawmakers, Public Figures to Nobel Committee: ‘No Leader Has Done More for Peace — Award Trump the Prize’
World leaders, lawmakers, and public figures are calling on the Nobel Committee to honor President Donald Trump after he brokered what Israeli officials hailed as a “miraculous” deal set to free all remaining hostages and bring an end to the Gaza war — an achievement hailed as historic and unprecedented, with allies calling him the “President of Peace” and “the peacemaker the world needed.”
Jim Banks: 2020 Census Handed ‘Disproportionate’ Power to Democrats, Illegal Aliens
Sen. Jim Banks (R-IN) on Monday urged Commerce Secretary Howard Lutnick to investigate and correct errors from the 2020 Census that may have improperly benefited Democrats and illegal aliens.
Crockett: Lutnick Should Testify Before the House Oversight Committee
Friday on MSNBC’s “Deadline,” Rep. Jasmine Crockett (D-TX) said Commerce Secretary Howard Lutnick needed to testify before the House Oversight Committee after his comments on a podcast.
Failed Biden FCC Nominee Gigi Sohn Works to Undermine Trump’s Broadband Reforms
Gigi Sohn, the failed Democratic FCC nominee who was considered too radical even by Democrats, is criticizing Trump administration reforms to the $42.5 billion BEAD broadband program while reportedly working with some Republican state officials to undermine changes that remove DEI mandates and opened the program to satellite internet providers.
Trump Signs Proclamation Adding $100k Fee to H-1B Visa Applications — but Corporate Lawyers See Loopholes
President Donald Trump issued a proclamation accusing U.S. companies of sidelining skilled American graduates in favor of cheaper, mixed-skill, imported visa workers.
Trump Creates $1 Million ‘Gold Card’ Visa
President Donald Trump signed an executive order on Friday to establish the “Gold Card” visa pathway, where “extraordinary” foreigners can pay $1 million to the United States for expedited immigrant visas.
Commerce Secretary Howard Lutnick to Koreans Facing Deportation: Next Time ‘Get the Right Visa’
Commerce Secretary Howard Lutnick dismissed complaints by Korean companies about their workers getting caught at jobs in the United States without work permits.
Trump Deputies Curb Student Visas, SInk ‘600,000 Chinese’ Claim
President Donald Trump’s deputies are capping migrant student visas at four years, making it more difficult for white-collar migrants to sneak into Americans’ professional jobs.
Confusion over Whether Trump Admin Will Admit 600,000 Chinese Students
Commerce Secretary Howard Lutnick says the administration will admit 600,000 foreign students to help lower-tier colleges avoid bankruptcy, and will also upgrade the immigration process to favor higher-earning migrants.
Lutnick: We Want Deal with Schools on Research Like with Intel
On Monday’s broadcast of the Fox News Channel’s “Ingraham Angle,” Secretary of Commerce Howard Lutnick stated that the Trump administration wants to reach arrangements with universities on research that they do with taxpayer dollars and the patents they get from
Lutnick: Without 600k Chinese Students, 15% of Schools Will ‘Go Out of Business’ Since ‘Students Would Go Up to Better Schools’
On Monday’s broadcast of the Fox News Channel’s “Ingraham Angle,” Secretary of Commerce Howard Lutnick defended President Donald Trump saying he’ll allow 600,000 Chinese students into the U.S. by saying that “if you didn’t have those 600,000 students, is that
Trump: Intel Strikes Deal with U.S. for 10 Percent Equity Stake
President Donald Trump on Friday said that United States government would take a ten percent stake in Intel as part of a deal.
Lutnick: Intel Will Give Government Equity Stake in Exchange for CHIPS Act Funds
Commerce Secretary Howard Lutnick said on Tuesday that Intel must provide the U.S. government with an equity stake in the company in return for receiving funds from the CHIPS Act. Lutnick’s comments during a CNBC interview shed more light on how the Trump Administration may take an ownership position in Intel, saying, “We should get an equity stake for our money.”
Lutnick: TikTok Will Soon ‘Go Dark’ Unless China Makes Deal to Sell Platform
The future of TikTok in the United States remains uncertain as the Trump administration threatens to shut down the Chinese app if a deal involving the sale of TikTok to U.S. buyers fails to materialize.
Lutnick: Tariffs ‘Paid for’ Tax Cuts on Tips, Overtime
On Thursday’s broadcast of the Fox News Channel’s “Ingraham Angle,” Secretary of Commerce Howard Lutnick argued that tariffs “paid for tax on tips and no tax on overtime” and also we have to lower the trade deficit. While discussing the
Lutnick: Current 55% Tariffs on China Are Fine, ‘Didn’t Feel It’ When They Were 145%
On Thursday’s broadcast of the Fox News Channel’s “Ingraham Angle,” Secretary of Commerce Howard Lutnick stated that China paying 55% tariffs is “pretty good” and we don’t need a deal with them and “We didn’t feel it” when tariffs were
Lutnick: ‘Lots of Things’ We Want to Buy from China, We Want Cheap Stuff
On Wednesday’s “Bloomberg Surveillance,” Commerce Secretary Howard Lutnick stated that “There are lots of things” China produces that America wants to purchase and “we want inexpensive things on our shelves.” Lutnick said, “I think what we talk about is, there’s
Lutnick: Doubt Big Countries Get ‘Low’ Reciprocal Tariff Rates Below 15%
On Wednesday’s “Bloomberg Surveillance,” Commerce Secretary Howard Lutnick stated that he doubts big countries “can get low” reciprocal tariff rates below 15% and it will be difficult for them to do so, but small nations “have a possibility” of getting
Dem Rep. Himes: Commerce Secretary Lutnick Is ‘Huckster’
Representative Jim Himes (D-CT) said Sunday on CBS’s “Face the Nation” Commerce Secretary Howard Lutnick was a “huckster and a con man.”
Sen. Joni Ernst Bill to Boost Domestic Manufacturing Advances in Senate
Sen. Joni Ernst’s (R-IA) bipartisan bill to boost domestic manufacturing advanced out of the Senate Commerce Committee is slated to be passed by the Senate.
Japanese Prime Minister Ishiba Struggles with Trump Trade Talks
Japanese Prime Minister Ishiba Shigeru said on Tuesday he found it “deeply regrettable” that President Donald Trump announced he would impose reciprocal tariffs of 25 percent on exports from Japan.
U.S. and China Strike Deal in London to Revive Rare Earths Trade Truce
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.
Marathon U.S.-China Trade Talks Extend Into Second Night
Trade negotiations on Tuesday have gone on for much longer than expected.
Rare-Earth Negotiation Takes Front Seat in London U.S.-China Talks
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.
U.S. — China Trade Talks Kick Off in London
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.
Watch Live: Howard Lutnick Testifies in the House
Commerce Secretary Howard Lutnick testifies before the House Appropriations Committee on Thursday, June 5.
Democrats Try to Flip the Script on Failed Biden Broadband Program
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.
Commerce Secretary Lutnick: ‘The President’s Going to Win Like He Always Does – But Rest Assured, Tariffs Are Not Going Away’
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.
Lutnick: Trump Judge on Trade Court Was Dem Judge, ‘He Just Approved Their Seat’
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
Trump to Shred Biden Export Rule that Undermines American Leadership in AI
President Donald Trump will rescind a Biden-era rule that many conservatives have said would undermine American leadership in artificial intelligence (AI).
Lutnick: 10% Tariff Base Isn’t Up for Negotiation
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.”
Lutnick on Raising Taxes on Rich: If He ‘Goes Back to What He Did’, I Back It if it’s For No Tax on Tips, Overtime, Social Security
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
White House: Trade Deal with U.K. Will Open Up $5 Billion in New Market Access for U.S.
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.
Sec. Lutnick Pushes $5 Million ‘Gold Card’ in Cabinet Meeting
Commerce Secretary Howard Lunick used a cabinet meeting to tout his plan to sell $5 million Gold Card citizenships to wealthy foreigners.
