Lutnick is stepping down as head of investment bank Cantor Fitzgerald as he prepares to head the Commerce Department.

Facing a looming tariff war with the US, Prime Minister Justin Trudeau has threatened the stick - now, he's hoping a carrot will work.

Howard Lutnick, President Donald Trump’s nominee to lead the Commerce Department, detailed his wealth and influence across hundreds of firms and left open the possibility of his adult children buying his holdings if he wins confirmation.

The Senate Commerce Committee will hold a January 29 hearing on President Donald Trumps nominee, Howard Lutnick, to lead the Commerce Department. As head of Cantor Fitzgerald and BGC Group, Lutnick has built a

Howard Lutnick, President Donald Trump's nominee to lead the Commerce Department, on Friday disclosed his financial holdings and assets ahead of a Senate hearing to confirm him for the role.

Trump’s order seeking an “America-first trade policy” calls on Lutnick to work with the treasury secretary, who is likely to be hedge fund billionaire Scott Bessent, and the US trade representative, poised to be lawyer Jamieson Greer.

President Trump’s pick for commerce secretary Howard Lutnick detailed Monday how Trump will use his “external revenue service” and the administration’s approach with tariffs. Lutnick said at a Washing

President Donald Trump said in an Oval Office signing ceremony Monday evening that his administration will impose 25% tariffs on Mexico and Canada on February 1, an extraordinary change in North American trade policy that could raise prices for American consumers.

U.S. President Donald Trump suggested that he could still hit Canada with tariffs as early as next month.Speaking to reporters on his return to the Oval Office Monday, Trump recited concerns about the Canadian and Mexican borders while reiterating his threat to hit both countries with a sweeping 25 per cent tariff.

Amid the whirl of orders Donald Trump issued in the early hours of his presidency, one was conspicuous in its absence: new tariffs on Canada and Mexico.

“This is a gift from the gods,” Ian Lee, an associate professor at Carleton University’s Sprott School of Business, said in a recent interview with the Financial Post’s Larysa Harapyn. “We cannot wait to be slaughtered by these tariffs, which will be destructive beyond all imagination to our economy.”

U.S. President Donald Trump has not implemented tariffs immediately as many anticipated, but Barclays warns markets to remain vigilant, pointing to April 1, 2025, as a pivotal date. According to Barclays,