Trump Selects Howard Lutnick as Commerce Secretary Amid Tariff Focus

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Source: CNN
Trump Selects Howard Lutnick as Commerce Secretary Amid Tariff Focus
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TL;DR Summary

Donald Trump has nominated Howard Lutnick, CEO of Cantor Fitzgerald and co-chair of Trump's transition team, as the Secretary of Commerce. Lutnick, who has been a key figure in Trump's transition efforts, will lead the administration's tariff and trade agenda. His appointment comes as a surprise, as Linda McMahon and Robert Lighthizer were considered frontrunners for the role. Lutnick's nomination aligns with Trump's promise to implement significant tariffs, particularly on Chinese goods.

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