‘He’s got a bit of a curse’: Howard Lutnick’s role as tariff cheerleader faces mounting scrutiny amid market turmoil
CNN
Commerce Secretary Howard Lutnick has become the defacto face of Trump’s trade war, putting him in the unenviable position of trying to stabilize a situation that is by design meant to destabilize.
Commerce Secretary Howard Lutnick was adamant: The US is not headed toward recession. “Donald Trump is bringing growth to America. I would never bet on recession. No chance,” Lutnick said on NBC’s “Meet the Press,” one of dozens of TV appearances he’s made in touting the Trump administration’s tariff agenda. Meanwhile on Fox News, President Donald Trump was much more circumspect about the prospect of recession. “I hate to predict things like that,” Trump said in striking a starkly different tone than his Commerce secretary. “There is a period of transition, because what we’re doing is very big. We’re bringing wealth back to America. That’s a big thing. And there are always periods of – it takes a little time.” As the White House has kicked off its trade war in fits and starts, issuing a litany of haphazard tariffs on a range of imports, Lutnick has assumed the role of cheerleader in chief – someone to soothe the markets and promote the supposed benefits of trade policies that will likely make life more expensive for millions of Americans. It has not gone well.
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Commerce Secretary Howard Lutnick has become the defacto face of Trump’s trade war, putting him in the unenviable position of trying to stabilize a situation that is by design meant to destabilize.
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