President-elect of the United States Donald Trump says he will appoint by Howard Lutnick as Minister of Trade.
Lutnick is the CEO of investment bank Cantor Fitzgerald and a billionaire. He would play a key role in implementing Trump’s tariff plans.
Trump made the announcement on his social media, Truth Social, on Tuesday.
The Financial Times previously wrote that Trump’s advisers have asked finance minister candidates for assurances that they will commit to Trump’s tariff plans.