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EXPLAINED: 3 - The Real Truth

Applied Materials to pay $252 million penalty for selling chipmaking tools to banned Chinese firm — settles over alleged 56 tool exports to chipmaker SMIC following Entity List designation

Applied Materials must pay a $252 million civil penalty to settle allegations that it illegally exported semiconductor manufacturing equipment to SMIC subsidiaries.

Tom’s Hardware

Satellite licensing bill advances after Cruz, Cantwell deal

Senators reached agreement on a bill that would speed satellite licensing by the FCC, with additional checks to address Democratic concerns.

Roll Call

Karoline Leavitt cuts off White House briefing after reporter asks about Commerce chief Lutnick’s Epstein island admission

Lutnick admitted to visiting the late pedophile’s private island in sworn testimony earlier Tuesday before the Senate Commerce Committee

The Independent UK

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Senators press Lutnick over connections with Epstein

Commerce Secretary Howard Lutnick told senators that “I have nothing to hide” in relation to his interactions with Jeffrey Epstein.

Roll Call

GOP lawmaker demands Commerce Secretary’s resignation for lying about Jeffrey Epstein ties

Lutnick’s previous claims are coming under fire.

We Got This Covered

Europe is confronting its Epstein shame. Trump wants to move on.

The avalanche of files have buried some — while others have weathered scrutiny.

Axios

10 Creepy Epstein Bombshells About Trump and His Billionaire Buddies That’ll Make Your Skin Crawl

The Department of Justice has dumped more than 3 million pages of Jeffrey Epstein files into the public domain, and if you thought the rich and the powerful couldn’t possibly get any creepier, we’ve got around 3 million reasons to tell you to sit down.

The Mary Sue

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Republican lawmaker demands Howard Lutnick resign from Trump’s cabinet over Epstein ties

The recent alleged revelations in the Epstein files contradict previous claims that Lutnick cut ties with the disgraced financier a long time ago

The Independent UK

US–India Trade Deal Announced After Months of Tariff Tensions

The United States and India have announced a long-awaited trade deal, bringing an end to months of uncertainty triggered by steep tariffs imposed by Washington on Indian exports. The agreement, revealed on February 2, comes after prolonged negotiations marked by escalation, pauses, and backchannel diplomacy.

Whats Hot

US Secretary of Commerce made plans to visit Jeffrey Epstein on a private island – with his 4 minor children.

He denies it, but the recently published Epstein files tell a different story.

We Got This Covered

DOJ finally releases 3 million pages of new Epstein files more than a month after deadline

Among the newly released files are emails and court documents, some of which reference Trump, Clinton and other high-profile individuals

The Independent UK

South Carolina Gave $1.3 Billion to Scout Motors. It's Already $150 Million Over Budget.

The company is backed by Volkswagen but still received considerable funding from state taxpayers.

Reason

What is the 'Trump Gold Card'? Will Nicki Minaj become a US citizen now?

Rapper Nicki Minaj has made headlines after switching gears from critic to fervent supporter of President Trump, proudly unveiling her 'Trump Gold Card.' This prestigious card is part of an initiative that fast-tracks residency for wealthy immigrants willing to invest significantly.

The Times of India

Uzbek President Mirziyoyev signs Board of Peace charter and holds talks in Davos

During the World Economic Forum, Shavkat Mirziyoyev combined multilateral engagement with a series of political and economic meetings, focusing on peace initiatives, investment cooperation and Uzbekistan’s participation in international diplomatic frameworks.

Euronews

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Windows Central

"They can pay a 100% tariff, or they can build in America" — US Commerce Secretary issues warning to memory manufacturers as the global RAM crisis deepens

Following a groundbreaking ceremony at a new Micron memory manufacturing plant, US Commerce Secretary Howard Lutnick issued a fresh warning to other memory makers.

Tom’s Hardware

US Department of Commerce lifts planned crackdown on Chinese drones, including DJI — company gets reprieve ahead of Xi-Trump meeting in April, but the FCC ban still stands

The U.S. Department of Commerce has retracted its proposal to stop the import of DJI drones, but the FCC's ban means that the U.S.'s doors are closed to new DJI models anyway.

Tom’s Hardware

President Trump, Sec. Lutnick praise Intel after the launch of Panther Lake chips — says investment in company already bringing ‘tens of billions of dollars for the American people’

President Donald Trump and Commerce Secretary Howard Lutnick went on their respective social media platforms to praise Intel and its CEO, Lip-Bu Tan, for the launch of the first chips made using the Intel 18A process node. They also said that it's another step towards the U.S. regaining its lead…

Roll Call

Can Congress find a path on government 'jawboning' limits? - Roll Call

Both parties say they want to rein in federal pressure on social platforms, but writing a new law could prove difficult to achieve.

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The Mary Sue

According to Donald Trump’s math, Big Pharma will soon be paying you to take their meds

Donald Trump is back on his favorite hobby of making outrageous claims. This week, he announced he’s slashing prescription drug prices by “400, 500, and even 600 percent.” That basically means pharmacies will hand you pills for free and Venmo you $20 for your trouble.

We Got This Covered

Secretary of Commerce gets schooled on basic maths after Donald Trump’s impossible claim about drug prices

Donald Trump and his cabinet really are that dumb.

Roll Call

Senators press FCC's Carr in wake of Kimmel controversy - Roll Call

Senate Commerce Committee Democrats pushed Carr over comments that appeared to threaten local TV affiliates' licenses.

Radio France Internationale

France sues AliExpress and Joom over illegal child-like sex dolls

France will take online marketplaces AliExpress and Joom to court for selling child-like sex dolls, Commerce Minister Serge Papin announced on Wednesday. The move comes as Shein faces separate legal action for offering similar products.

Benzinga

US Commerce Department Pushes Q3 GDP Estimate To Just Before Christmas, Stirring Political Jabs

The U.S. Department of Commerce has delayed the release of the initial third-quarter gross domestic product (GDP) estimate to just before Christmas, as federal agencies race to clear a backlog of critical economic reports created by the recent government shutdown.

The Independent UK

Aficionados fret as Trump moves to make pasta great again

The U.S. Commerce Department has launched an antidumping review targeting Italian pasta, claiming it’s sold below market prices

The Independent UK

Trump administration and private investors sign off on $1.4 billion deal with rare earth startups

The Trump administration and private investors are partnering with two rare earth startups in a $1.4 billion deal to scale up the nation’s access to materials and technology that is crucial for producing an array of high-tech goods and military equipment

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Andrew MountbattenWindsor

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