U.S. Commerce Secretary Lutnik: Previously, he hoped that the Federal Reserve would cut interest rates more sharply. (Jin Ten)
According to Kyodo News, Japan's Minister of Economy, Trade and Industry, Ryo Akasawa, is on the phone with U.S. Commerce Secretary Lutnik.
U.S. Commerce Secretary Luthnik: GDP growth is expected to exceed 4% next year.
U.S. Commerce Secretary Lutnik: If the Supreme Court rules against tariffs, there are other options.
U.S. Commerce Secretary Lutnik: The United States now holds a 10% stake in Intel (INTC. O).
U.S. Commerce Secretary Lutnik: The United States now holds a 10% stake in Intel (INTC. O).
U.S. Commerce Secretary Lutnik: The August 1 deadline for tariff increases will not be extended.
U.S. Commerce Secretary Lutnik: Trump remains ready to continue tariff negotiations beyond August 1.
U.S. Commerce Secretary Lutnik: Small countries need to pay a 10% benchmark tariff.
U.S. Secretary of Commerce Lutnik: Powell has kept interest rates too high.