One of Donald Trump's plans during the 2024 campaign was to institute large tariffs on foreign imports, and he needs economic experts who agree with his plans to serve in his administration.
During his nearly two-year campaign, Trump falsely claimed that the cost of the policy would be picked up by the country exporting the goods. Now, several CEOs have said it will be passed onto consumers.
As Trump considers his appointment of somebody to lead the Treasury Department, the campaign is having difficulty finding someone who agrees with the tariff policy, according to a report.
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A source familiar with the transition told Fox News' Paul Steinhauser, “It’s a free-for-all for Treasury secretary.”
Meanwhile, there's “a mad dash to find someone pro-tariff," posted Fox's Aishah Hasnie.
Trump's team said a lead contender was Cantor Fitzgerald CEO Howard Lutnick, who has expressed some support for a more broad tariff plan.
The Associated Press reported on Monday that he's currently serving as the co-chair of the transition team and has been pitching other possible Treasury Department choices.
Lutnick was offered an ambassadorship but turned down that offer, Steinhauser said.