Washington, June 23 (IANS) Indian-origin IBM Chief Executive Arvind Krishna joined senior Trump administration officials and technology leaders at the White House on Monday as President Donald Trump unveiled a new strategy to accelerate America’s quantum computing ambitions and strengthen its cyber security infrastructure.Krishna, one of the most prominent Indian-origin executives in the United States, welcomed two executive orders signed by Trump that seek to speed the development of advanced q…
Latest Howard Lutnick News & Updates
Washington, June 2 (IANS) Two senior Democratic senators accused the Trump administration of allowing a loophole in US export controls that may have enabled some of America’s most advanced artificial intelligence chips to reach Chinese companies, potentially boosting Beijing’s military capabilities.Senator Elizabeth Warren of Massachusetts and Senator Andy Kim of New Jersey said the administration’s failure to update export-control regulations over the past 18 months may have inadvertently allow…
Seoul, May 10 (IANS) South Korean Industry Minister Kim Jung-kwan met US Commerce Secretary Howard Lutnick and other senior American officials to discuss strategic investment projects and ways to enhance bilateral cooperation in energy, shipbuilding and other key sectors, the industry ministry said on Sunday.During a four-day visit to Washington, Kim met with Lutnick and explained South Korea’s progress in drafting follow-up regulations and establishing an implementation framework following the …
Washington, April 24 (IANS) US Commerce Secretary Howard Lutnick said on Friday that “trillions of dollars of capital investment are pouring into America”, as he appeared before Congress and faced criticism over tariffs, job losses and proposed programme cuts. Testifying before the House Appropriations Subcommittee, Lutnick added that the US remains “the strongest and most resilient in the world”.He pointed to a surge in manufacturing and energy investments as evidence of a broader industrial re…
Washington, April 24 (IANS) US President Donald Trump announced sweeping agreements with major pharmaceutical companies to lower prescription drug costs, calling it “the biggest cut in drug prices in the history of our country.”Speaking at the White House, Trump said one of the leading firms, Regeneron, had agreed to offer medicines at “most favoured nation prices,” adding that “the numbers will come down at levels that nobody’s ever seen before.”“With this announcement, 17 of th…
Washington, April 8 (IANS) US Ambassador to India Sergio Gor met US President Donald Trump in Washington and discussed the future trajectory of India-US relations, along with what he described as the American President’s “unwavering determination to bring global stability”.Taking to X, Gor shared details of the interaction, stating, “Just had an outstanding dinner with President Trump. We discussed his unwavering determination to bring global stability, the historic achievements of his pre…
Washington, April 7 (IANS) U.S. Ambassador to India Sergio Gor met Commerce Secretary Howard Lutnick to advance bilateral trade and technology ties ahead of a scheduled White House dinner with President Donald Trump at the White House, signalling fresh momentum in the U.S.-India partnership. “Productive meeting with Secretary @HowardLutnick on the U.S.-India commercial roadmap,” Gor said.“We discussed a new MoU connecting India’s AI scale with the American AI ecosystem, strong Indian par…
Washington, April 1 (IANS) US President Donald Trump signed an executive order aimed at tightening election procedures, focusing on voter rolls and mail-in ballots, which he said would help “secure elections in the future.”Announcing the order at the White House, Trump described it as addressing “voter integrity and mail-in ballots and stopping the massive cheating that’s gone on.”White House Staff Secretary Will Scharf said the order targets what he called two major concerns: “inaccur…
Seoul, March 8 (IANS) Industry Minister Kim Jung-kwan said on Sunday he has been told the United States is not likely to hike tariffs on South Korea if the National Assembly passes a special bill on Seoul’s $350 billion investment pledge to the US.Kim made the remarks upon arrival after visiting the U.S. to meet with Commerce Secretary Howard Lutnick to discuss tariff and bilateral trade issues following U.S. President Donald Trump’s threat in January to hike “reciprocal” tariffs and other dutie…
Seoul, March 7 (IANS) South Korea’s industry minister and trade chief visited the United States this week to coordinate responses to tariff issues and other pending trade matters between Seoul and Washington, the industry ministry said on Saturday.Industry Minister Kim Jung-kwan and Trade Minister Yeo Han-koo met separately with U.S. Commerce Secretary Howard Lutnick and U.S. Trade Representative Jamieson Greer on Friday (U.S. time) to discuss pending bilateral trade issues.The visit was arrange…