President-elect Donald Trump announced Tuesday he plans to appoint Cantor Fitzgerald President and CEO Howard Lutnick to lead the U.S. Commerce Department, as the incoming administration is expected to charge import tariffs against friends and foes.
Trump announced the pick on his social media platform Truth Social, stating that Lutnick will lead the Commerce Department’s tariff and trade agenda, along with having direct responsibility for the Office of the United States Trade Agenda.
