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@ nosnostr
2025-02-21 00:11:13
Lutnick is a strong supporter of President Trump's hardline trade policies.
He plans to implement aggressive import tax strategies on U.S. trading partners.
The administration views tariffs as a tool for raising revenue, protecting U.S. industries, and negotiating trade concessions.
Economic Perspectives
Mainstream economists criticize tariffs as counterproductive, arguing they lead to higher consumer prices and inflation.
Lutnick has dismissed concerns about tariffs contributing to inflation, advocating for country-specific tariffs to pressure other nations.
The administration's recent announcement includes plans for "reciprocal" tariffs, aligning U.S. import tax rates with those imposed by other countries on American goods.
MAGA let´s see