Lutnick, Trump's Commerce Secretary nominee, advocates for broad, country-by-country tariffs to ensure trade fairness and reciprocity, challenging some economists' views on inflation.
U.S. trade deficit in goods reaches record high of $122.1 billion in December, driven by surge in imports amid tariff concerns.
Wildfire forces evacuations in North Carolina as firefighters battle to protect homes from the rapidly spreading Crooked Creek Fire.
Lutnick, Trump's Commerce Secretary nominee, advocates for broad, country-by-country tariffs to ensure trade fairness and reciprocity, challenging some economists' views on inflation.
U.S. trade deficit in goods reaches record high of $122.1 billion in December, driven by surge in imports amid tariff concerns.
Wildfire forces evacuations in North Carolina as firefighters battle to protect homes from the rapidly spreading Crooked Creek Fire.