Reported 15 days ago
President-elect Donald Trump’s selection for treasury secretary will reveal his approach to tariffs, which were central to his campaign. Potential candidates express differing views on tariffs as negotiating tools versus economic policies. Billionaire Scott Bessent sees them as a way to achieve Trump’s foreign policy goals, while Howard Lutnick argues for protecting American jobs through broader tariffs. The lack of clarity on tariffs raises concerns about inflation, stock market stability, and trade relations, leaving U.S. companies uncertain about future strategies amidst certain scenarios.
Source: YAHOO