President-elect Donald Trump, the self-described Tariff Man, took to Truth Social late Nov. 25 and declared that he would impose steep levies on Canada, China, and Mexico. On his administration’s first day, Trump will sign an executive order slapping a 25% tax on Canada and Mexico and an additional 10% tariff on China: “above any additional tariffs.” This is a sign of more things to come as his inner circle has essentially endorsed the Trump 2.0 economic agenda, from incoming Treasury Secretary Scott Bessent to Commerce Secretary Howard Lutnick.
Trump Chooses Lutnick for Commerce
After what was likely a scene from the classic films Advise and Consent or The Best Man, the president-elect finally selected two significant Cabinet-level roles: secretaries of the Treasury Department and Commerce Department. The financial and betting markets kept…
