Lutnick blamed for tariff-related economic turmoil in administration
Economic issues caused by President Trump's tariffs have led some administration officials to search for someone to blame. Reports suggest that Commerce Secretary Howard Lutnick is becoming the target for this blame. Lutnick has reportedly upset some officials by speaking out about trade policies before they are officially announced. At times, he has even contradicted the president. According to reports, Lutnick wants Trump to reduce some of the strictest tariffs on imports from Canada and Mexico. A Wall Street executive described Lutnick's situation as a "curse." He must publicly support Trump’s policies, even though he does not agree with them. Lutnick's position is also made more difficult because of his rivalry with Treasury Secretary Scott Bessent. Bessent was given the role that Lutnick wanted. Informants have noted that there is tension between the two, with administration staff feeling they had to pick sides during confirmation hearings.