U.S. President-elect Donald Trump has announced his cabinet pick to fulfill his campaign promise to impose broad tariffs. Though the ramifications for Canada remain to be seen, here is what the appointment could indicate.
Trump announced on Nov. 19 that Howard Lutnick will become secretary of commerce in his administration acceding to the White House in early 2025.
Trump said Lutnick, CEO of financial services firm Cantor Fitzgerald, will be leading the “Tariff and Trade agenda” and that he will also have direct responsibility over the Office of the United States Trade Representative. Lutnick is also serving as co-chair of Trump’s transition team….