President Trump has threatened to impose tariffs on Canada over drug trafficking, equating it with Mexico. U.S. government reports do not support the claim.

Secretary of Commerce-designate Howard Lutnick told a Senate committee that the threat of imposing a 25% tariff was to get Canada and Mexico to “respect” the United States and stop the flow of fentanyl into the country.

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.”

Commerce Secretary-designate Howard Lutnick appeared to give Canada (and Mexico) an out on potential tariffs today, suggesting that if action is taken to secure the border and shut the flow of fentanyl across the border,

The billionaire Wall Street CEO fielded questions about tariffs, China's AI progress, broadband access, allegiance to Trump and the revival of American mining and semiconductor production.

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.

Howard Lutnick said tariffs are essential for supporting U.S.-based manufacturing and won't trigger inflation while undergoing a Senate confirmation hearing on Wednesday.

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,

Howard Lutnick, nominated for U.S. Commerce Secretary, pledged to advocate for country-by-country tariffs to curb China's AI tech advancements and pressure Canada and Mexico into controlling fentanyl flow.

WASHINGTON—Howard Lutnick’s journey from Wall Street veteran to one of President Trump’s most hawkish trade advisers began with a speech at an 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.

Trump has said Canada and Mexico must stop the flow of migrants and fentanyl, but there has been ... Commerce secretary nominee Howard Lutnick and US Trade Representative nominee Jamieson Greer.