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Cruise stocks tumble after Commerce Secretary Lutnick alerts tax crackdown

Cruise stocks tumble after Commerce Secretary Lutnick alerts tax crackdown

March 15, 2025 Category: Blog

The Royal Caribbean cruise ship ‘Explorer of The ocean’.Getty PhotosShares of cruise lines tumbled Thursday following Commerce Secretary Howard Lutnick recommended the Trump administration would crack down on taxes compensated by the companies.“You at any time see a cruise ship with the American flag over the back?” Lutnick reported in an a

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