Donald Trump’s allies are prepared to pile the blame on Commerce Secretary Howard Lutnick if the president’s “Liberation Day” tariff plan crashes and burns, according to a report.
Lutnick has spent a lot of time in the Oval Office hyping more and more aggressive tariffs even as the markets plunged, consumer confidence dropped, and investors expressed alarm, according to Politico. The outlet cites multiple sources close to the White House in reporting that Lutnick may even lose his job in the administration amid the potential economic turmoil that could result from Trump’s announcement tomorrow.
On Wednesday, Trump plans to finally unveil a cohesive tariff strategy after months of going back and forth on whether to impose sweeping duties on products from Mexico, Canada, Europe, and Asia.
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