Banker critical of Ireland's trade surplus appointed as US commerce secretary

Howard Lutnick, a banker critical of Ireland's trade surplus with the U.S., has been appointed as the U.S. Secretary of Commerce. He will also oversee the office of the U.S. trade representative if confirmed by the Senate. Lutnick has previously expressed concerns about Ireland's trade practices, stating that it is "nonsense" for Ireland to run a surplus at the U.S.'s expense. His appointment comes as President-elect Trump plans to impose significant tariffs on trading partners, which could impact Irish exports. Lutnick, CEO of Cantor Fitzgerald, has been a strong supporter of Trump's tariff policies. He was previously considered for the Treasury secretary position but faced competition from other candidates.