President-elect Donald Trump's choice of treasury secretary will reveal his stance on import tariffs, a key aspect of his economic agenda during the campaign.
Candidates for the Treasury position have varying views on tariffs, with Scott Bessent suggesting they serve as a negotiating tool, while Howard Lutnick supports broader restrictions.
Trump's campaign presented tariffs as both a revenue-generating mechanism and a bargaining chip, leading to confusion about their intended purpose and implementation.
Tariff strategies could impact economic growth projections and inflation rates, complicating the long-term sustainability of Trump's proposed fiscal policies.
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