Lutnick Nears Crunch Time to Deliver on His Trade-Deal Swagger

July 3, 2025, 10:00 AM UTC

With President Donald Trump’s budget megabill all but wrapped up and the Iran crisis subsiding, trade wars are back center-stage in Washington — putting Commerce Secretary Howard Lutnick where he’s happiest: in the thick of the action.

It also piles pressure on the billionaire former Cantor Fitzgerald boss, a longtime Trump friend. He’s among the top officials tasked with landing a slew of trade deals before the president’s July 9 deadline. Only two framework agreements — with the UK and China — have been signed so far. Trump on Wednesday announced a new one with Vietnam, which Lutnick hailed ...

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