Howard Lutnick on why Tariffs on Foreign Imports is a Brilliant Strategy & Negotiation Tactic 💱

Here is Lutnick blowing the minds of CNBC hosts as he explained how Trump will use Tariffs as a negotiation tactic. President-elect Donald Trump on Nov. 16 nominated billionaire Howard Lutnick as the commerce secretary in his incoming administration.

Trump said in a statement that Lutnick would “lead our Tariff and Trade agenda, with additional direct responsibility for the Office of the United States Trade Representative.” Lutnick, 63, is the co-chair of the Trump-Vance transition team. He had been one of the leading contenders to succeed Janet Yellen at the helm of the U.S. Department of Treasury

Lutnick lost 658 employees in the 9/11 attacks in 2001, including friends and family members.
His son’s first day of kindergarten is what saved his life. Lutnick managed to save his financial trading firm which still thrives to this day.

As a debt of gratitude, Lutnick decided to take care of the families who lost loved ones at his firm, offering them 25% of the company’s profits along with health care for 10 years. Lutnick has distributed $180 million to the families of the victims.

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