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Lighthizer

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politics1 year ago

Lighthizer Unlikely to Join Trump 2.0 Amid Trade Policy Shifts

Robert Lighthizer, former U.S. trade chief and architect of Trump's first-term trade policies, is unlikely to join Trump's potential second-term administration, having been passed over for key Cabinet positions like Treasury or Commerce Secretary. This decision signals a shift towards more Wall Street-friendly figures in Trump's economic team, potentially altering the administration's approach to tariffs and trade policy. Lighthizer's exclusion is seen as a setback for protectionists and raises questions about the future direction of Trump's trade agenda.

politics1 year ago

Trump's Cabinet Picks Stir Speculation and Market Reactions

Donald Trump's appointment of Howard Lutnick as Commerce Secretary raises questions about the future role of Robert Lighthizer, Trump's former trade chief known for his aggressive tariff policies. Lutnick is set to oversee the trade agenda, potentially sidelining Lighthizer, who was instrumental in shaping Trump's first-term trade policies. This move has sparked debate over whether Trump will pursue the protectionist trade measures he campaigned on, and whether Lighthizer will secure a significant role in the administration.

politics1 year ago

Trump's Tariff Plans Stir Uncertainty and Lobbying Frenzy

Robert Lighthizer, former trade chief under Donald Trump, is preparing to implement massive new tariffs in Trump's potential second term, aiming to boost domestic manufacturing and reduce reliance on foreign imports. Plans include a universal tariff of up to 20% on all imports and at least 60% on Chinese goods. Lighthizer and his allies are working to gain congressional support for these tariffs, which would mark a significant shift from traditional economic policies. The strategy involves using tariff revenue to fund tax cuts, aligning with Trump's campaign promises.