Howard Lutnick, Trump's pick for U.S. commerce secretary, said tariffs will 'create reciprocity, fairness and respect' for the U.S. and will not be inflationary for Americans.

WASHINGTON—Howard Lutnick’s journey from Wall Street veteran to one of President Trump’s most hawkish trade advisers began with a speech at his October campaign rally at Madison Square Garden. Lutnick extolled the virtues of tariffs and argued that the duties could at least in part replace the U.

Howard Lutnick, chairman and CEO of investment firms Cantor Fitzgerald and BGC Group, told the U.S. Senate Committee on Commerce, Science and Transportation that he would divest “all of my interests, my business interests, all of my assets, everything.”

The U.S. is threatening a two-stage tariff plan in which Canada and Mexico could get hit with initial trade penalties within days, then face broader penalties this spring.In summary, it's: maybe tariffs now,

Canada and Mexico must act swiftly to close their borders to fentanyl, says Mr Howard Lutnick, at his Senate confirmation hearing. Read more at straitstimes.com.

Mexico's president on Wednesday said her nation is in dialogue with the White House and was confident that the 25% tariff isn't imminent.

Billionaire financier Howard Lutnick, President Donald Trump’s choice to lead the Commerce Department, said Wednesday that he would sell all of his business holdings within 90 days.

United States President Donald Trump ’s pick to lead the Commerce Department said Mexico and Canada can avoid new tariffs due this weekend if they clamp down on border security — while also signalling that Trump is likely to impose widespread new levies to return manufacturing to U.S. soil.

Commerce Secretary nominee Howard Lutnick defended the administration’s tariff proposals and lamented ongoing challenges U.S. farmers face accessing foreign markets in his confirmation hearing.

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.

President Donald Trump’s nominee to lead the Commerce Department, Howard Lutnick, told senators the argument that tariffs cause inflation is "nonsense" during a confirmation hearing.