File picture of Robert Lighthizer, president of the AFPI of the American Commerce Heart | Picture credit score: Reuters
Robert Lighthizer, a robust supporter of tariffs, has been requested to return as US Commerce Consultant within the administration of President-elect Donald Trump, the Monetary occasions reported on Friday (Nov. 8, 2024), citing a number of folks aware of conversations on the transition crew.
Lighthizer was a number one determine in Trump’s commerce warfare with China and the renegotiation of the North American Free Commerce Settlement, or NAFTA, with Mexico and Canada throughout his first time period.
Trump is starting to assemble his high crew after successful Tuesday’s election. Lighthizer had pushed for a distinct place, similar to commerce secretary, the Monetary Occasions mentioned.
Trump’s transition crew didn’t instantly reply to a request for remark. On Thursday, Trump introduced that he had chosen Susie Wiles, one in every of his two marketing campaign managers, to be White Home chief of employees.
Trump goals to speed up the aggressive commerce agenda of his first time period with blanket 10% tariffs on imported items and even greater taxes on imports from China and elsewhere. If enacted, they’d drive up shopper costs.
China’s high envoy to the USA warned Thursday that there are not any winners in tariff or commerce wars, nor in wars over science, know-how or trade.
Revealed – Nov 09, 2024 06:40 am IST
