Tariffs are likely to result in "a little disturbance" as the president said, but the commerce secretary put an end to rumors they could lead to a recession.
The stock market dropped sharply in recent days as investors worried about the effects of President Donald Trump's new tariffs on Canada and Mexico.
NBC News National Political Correspondent Steve Kornacki joins Meet the Press to examine how the U.S. economy is responding to President Donald Trump’s trade policies. Commerce Sec. Howard Lutnick defends the president as he delays steep tariffs on America’s largest partners.
The decision comes after Commerce Secretary Howard Lutnick said that tariffs on both Mexico and Canada would "likely" be delayed.
U.S. Commerce Secretary Howard Lutnick anticipated the possibility that President Donald Trump will announce a reduction of tariffs on Canada and Mexico
President Donald Trump will enforce tariffs on Tuesday against Canada and Mexico, but at what percentage, he has yet to decide, according to Commerce Secretary Howard Lutnick.
Commerce Secretary Howard Lutnick reveals President Trump will announce a bitcoin strategic reserve at Friday's White House crypto summit.