Commerce Sec. Howard Lutnick said that Americans should "absolutely not" brace for a recession as President Donald Trump plans to implement far-reaching tariffs.

But if fentanyl does not end, or he's uncertain about it, he will stay this way until he is comfortable," Lutnick said of the addictive and deadly opioid in an interview with NBC's "Meet the Press." "This is black and white.

WASHINGTON (AP) — U.S. Commerce Secretary Howard Lutnick said Thursday in a television interview that President Donald Trump will “likely” suspend 25% tariffs on Canada and Mexico for most products and services for a month, broadening an exemption that was granted on Wednesday only to autos.

Commerce Secretary Howard Lutnick said Sunday that the Trump administration's threatened 25% tariffs on steel and aluminum imports will start Wednesday and tariffs on Canadian dairy and lumber products will go into effect on April 2.

President Donald Trump said Friday that he’s committed to making the U.S. a world leader in cryptocurrencies as industry leaders heaped praise on him for reversing what they said had been unfair attacks on digital assets by the previous administration.

The summit came a day after Trump issued an Executive Order announcing the creation of a federal Bitcoin reserve.