Commerce Department Archives - Page 2 of 3

U.S. Adds Export Restrictions to More Chinese Tech Firms Over Security Concerns

Reporter USMarch 26, 2025

The Trump administration on Tuesday added 80 companies and organizations to a list of companies that are barred from buying American technology and other exports because of national security concerns. The move, which targeted primarily Chinese firms, cracks down on companies that have been big buyers of American chips from Nvidia, Intel and AMD. It […]

Musk’s SpaceX Could Secure Billions in New Contracts Under Trump

Reporter USMarch 24, 2025

Within the Trump administration’s Defense Department, Elon Musk’s SpaceX rocketry is being trumpeted as the nifty new way the Pentagon could move military cargo rapidly around the globe. In the Commerce Department, SpaceX’s Starlink satellite internet service will now be fully eligible for the federal government’s $42 billion rural broadband push, after being largely shut […]

Japan to Send Trade Minister to the U.S. Amid Tariff Tensions

Reporter USMarch 10, 2025

Japanese officials are visiting Washington this week to negotiate with the Trump administration ahead of sweeping U.S. tariffs that are set to affect exports, including metals and cars, from Japan and a number of other countries. Japan’s trade minister, Yoji Muto, is scheduled to meet with Commerce Secretary Howard Lutnick on Monday, according to a […]

A Tariff Tantrum: the Upheaval from Trump’s Trade Policies

Reporter USMarch 7, 2025

Meltdown The markets have spoken. The S&P 500 is on track for its worst weekly loss since the collapse of the Silicon Valley Bank crisis two years ago. And investors have wiped out post-Election Day gains as President Trump’s dizzying start-stop tariff policy fuels volatility on trading floors and in boardrooms. Another test comes this […]

Federal Grant Program Opens Door to Elon Musk’s Starlink

Reporter USMarch 7, 2025

The Trump administration said on Wednesday that it would overhaul a $42 billion federal grant program aimed at expanding high-speed internet to the nation, including easing some rules that could benefit Elon Musk’s satellite internet service, Starlink. The program will be revamped to “take a tech-neutral approach” in its distribution of funds to states, Commerce […]

Trump’s Tariffs by Whim Keep Allies and Markets Off Balance

Reporter USMarch 7, 2025

When the White House finally released the text of Mr. Trump’s orders on Thursday evening, it appeared that some of the tariffs — those covered in the U.S.-Mexico-Canada trade agreement that Mr. Trump negotiated and celebrated in his first term — were indeed permanently suspended. Other tariffs were merely paused. Most everyone involved was confused, […]

Trump Suspends Tariffs on Mexico for a Month

Reporter USMarch 6, 2025

President Trump said Thursday that he would offer a one-month exemption from tariffs for imports from Mexico that trade under the rules of U.S.-Mexico-Canada Agreement, the trade pact Mr. Trump signed in his first term. The president wrote on Truth Social that he would give Mexican products an exemption until April 2 from the 25 […]

Who’s Got Trump’s Ear on Tariffs? Lutnick or Navarro?

Reporter USMarch 6, 2025

Who’s in the room President Trump’s tariff policy has given corporate chiefs and investors a serious case of whiplash. While the markets cheered on Wednesday’s delay on auto sector levies, setting off an impressive late-day rally, the move also adds to the confusion about what comes next. The latest: There’s increasing buzz that agricultural products […]

Trump to Pause Auto Tariffs for Canada and Mexico for One Month

Reporter USMarch 5, 2025

President Trump said on Wednesday that he would pause tariffs on cars coming into the United States from Canada and Mexico for one month, after a 25 percent tariff that he placed on America’s closest trading partners a day earlier roiled stock markets and prompted stiff resistance from industry. Karoline Leavitt, the White House press […]

Lutnick Remarks on Removing Government Spending in GDP Data Raises Fears

Reporter USMarch 5, 2025

Comments from a member of President Trump’s cabinet over the weekend have renewed concerns that the new administration could seek to interfere with federal statistics — especially if they start to show that the economy is slipping into a recession. In an interview on Fox News on Sunday, Howard Lutnick, the commerce secretary, suggested that […]

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Category: Commerce Department

U.S. Adds Export Restrictions to More Chinese Tech Firms Over Security Concerns

Musk’s SpaceX Could Secure Billions in New Contracts Under Trump

Japan to Send Trade Minister to the U.S. Amid Tariff Tensions

A Tariff Tantrum: the Upheaval from Trump’s Trade Policies

Federal Grant Program Opens Door to Elon Musk’s Starlink

Trump’s Tariffs by Whim Keep Allies and Markets Off Balance

Trump Suspends Tariffs on Mexico for a Month

Who’s Got Trump’s Ear on Tariffs? Lutnick or Navarro?

Trump to Pause Auto Tariffs for Canada and Mexico for One Month

Lutnick Remarks on Removing Government Spending in GDP Data Raises Fears

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